Rykin_Capital

Puma Biotech in Red. PBYI

Short
NASDAQ:PBYI   Puma Biotechnology Inc
Start of new zigzag is confirmed. Conservative Fib extension will actually show like end of next downward A Wave. We have reason to believe that there is much more room for Puma to pounce much, much lower.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed: target reached:
First target 5th OCT

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