trendline downward slope was duplicated and moved for upward projection before it occurred. Touched it like clockwork and retreated. I believe we will make a higher low at $21 and then back to touch trendline and possibly break for a higher ATH. To touch the upward trendline somewhere around $26.
Overall I am obviously bullish on HRTX. I pay closer attention to it than necessary as I have options expiring each month. You can see the minor trends of support and resistance as well as the overall move.
Start of a bull run on Heron Therapeutics.
Initial catalyst: PDUFA review of Cinvanti 11 November 2017
Secondary catalyst: Fast track designation for HTX-011