MA 200 resistance line became a support line.It seems that the pressure of EMA 200 proved to be stronger than the resistance of MA 200.Longby bigrediska0
VRTX setting for move lowerAfter stock bounced from resistance that is intact since May 2013 and broke down upper level support @ $76 with strong follow through to November lows. Now, it is flagging near lows in front of support. With weak Biotechnology sector and market sitting on resistance it could be start of another down leg. Enter short @ $63.80 Stop above 21 MA @ $66.83 Target $58.07-$59.76 and then I expect potential break down and continuation move to low $50ish area. Shortby andrew.berg0