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KURA - falling wedge

Long
Kura Oncology, Inc. (NASDAQ:KURA)  
vf_investment  
NASDAQ:KURA   Kura Oncology, Inc.
Trend Analysis Chart Patterns Harmonic Patterns KURA stocktrading
8
6
trendanalysis chartpattern harmonicpatterns kura stocktrading
On this chart there is a falling wedge pattern.
The price is continuing to move inside the pattern.
We expect it to retest the trendline before bouncing up. Once it breaks out of the pattern it would be a good time to enter the long position.
Target and stop loss are shown on the chart.
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