PJP Pharmaceuticals at Support

I was trying to figure out why SUPN tanked after solid earnings, looks like the market tanked the whole sector. Sucks when a moeny making company gets grouped in with a bunch of speculative biotech firms, but it is what it is.

Looks to be either an inverted head and shoulder or an upright one. EIither way we should see a bounce here.

Comment:

This could very well be an upright head and shoulder. I like SUPN as a company with profits and growth but this sector chart bothers me so I dumped it on open.