Broke $9.76, low of day on August 8th. Break of $9.85, closing price, and the soar continues.
Back into the gap on strong volume.
Good possibility of trend reversal right here.
Don't forget to add at bottom
Will go up from here
Technicals and Biotech - I love when lines intersect with volume
(Notes on Chart)
Over $10.82 is a nice entry. Would confirm the higher low with a higher high on the daily
Watch out for headfakes - notes on chart. Weekly TL $STUDY
4 weeks of consolidation. Support at 14w MA.
Free fall right through a bunch of support. Might not stop until mid 8s. Ill be waiting
EMA20 is acting as strong support (3 days). Still largest position for me (along with $FB)
Ribbons need to compress if we are going to shoot north without any real news.
$13.34 has been acting as support lately. Price should move up very soon if cant close below
Im longterm long on this stock (largest current pos) but technicals turned down (broke 8MA and MACD)
Old resistance now acting as support. Buy all dips above red TL
Bull flag breakout. Wont sell a share until we see $18s.
Daily View - Building a nice bull flag right around old 2009/11 support levels(current resistance). Measured move shows 90% gains coming
