With Monthly RS making ATH just a matter of time before the stock moves to ATH at 28.
$AKBA in a wild coil on daily. Positive divergences on RSI indicate a move north. OI is also strong for 10 calls. Looking for a move up.
I am not use to with Fib resistance arcs but it looks very realistic. according to this criterion the up trend fits well. Caution remains due to earning on monday 14th.
After breaking the yellow liquidity range, AKBA has found support around $7.50, where i formed a reverse head and shoulders. It could possibly rebound to the $13 liquidity range
CHART OF THE DAY 12-15-2015 BUY $AKBA at $10.42