Same reasoning as the last time. Market also trending down and RSI through the roof
$BSPM . You should see the big picture... ;-) (For studying purpose only.)
CASI TIME TO SHORT. It is hitting the red resistance line. Once it hits back the green line we can go long.
This one just spiked up today and it was just because the other Bio stocks ran, and we saw what the day after it ran last week. Going short on this tomorrow morning when it sets up
BSPM is bouncing after the previous drop. If it fails breaking the level posted on chart i'm looking for a short setup.