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mickeymfa

$KALA possible Cup & Handle BO

Long
KALA BIO, Inc. (NASDAQ:KALA)  
mickeymfa Updated   
NASDAQ:KALA   KALA BIO, Inc.
Trend Analysis Chart Patterns Technical Indicators cupandhandlepattern KALA
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trendanalysis chartpattern indicator cupandhandlepattern kala
KALA
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KALA PHARMACEUTICALS INC $KALA is forming a CUP & Handle formation with a leading BO on the OBV index. The stock had also a lot of insider buying power and positive news with their EYSUVIS (a dry eye disease)
Comment:
We had our Weekly BO on good volume and are now at a resistance area 9.11
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Comment:
KALA broke the 10$ The chart is showing overlapping staircases with a lot of thrust patterns with the volume to confirm. On this weekly chart you can see a 2x BO of 2 Cup & Handles pattern again with the volume with confirmation.
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