Hi, today we are going to talk about ACHN and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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Achillion has show some nice symmetry, this is mainly a result of the formation of a diamond and island bottom. A golden cross can also be observed increasing the bullishness of this chart. A recent merger has also been announced.
About Achillion Pharmaceuticals
Achillion Pharmaceuticals, Inc. (ACHN) is a clinical-stage biopharmaceutical company focused on advancing its oral small molecule complement inhibitors into late-stage development and commercialization. Research has shown that an overactive complement system plays a critical role in multiple disease conditions including the...
ACHN forming a head & shoulder pattern with money-flow divergence. In the completion of pattern we see a target of 5.88
Break of 8.33 will be the perfect entry.
You can check our detailed analysis on ACHN in the trading room/ Executive summery link here-
Time Span: 3:25"
Trade Status: Pending
Shares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products.
It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company,...