HALOZYME THERAPEUTICS INC NASDAQ:​HALO

This is based purely on Fib retracements and trend-based timing.

$HALO 13.12 Found support on Trend Line. Bullish

Could go long on this retest of the accumulation zone. Price Target $18.50.

12.75 is the hold here. If can hold this and come back with a bullish candle to follow up this should be a good r/r here.

Bull flag ready to test upside.

Watch $12.40 which could break today.

Heading higher within this flag. $12.50 breakout pivot.

4H chart shows bull flag has formed following weak hands shake out.

Big time bullish breakout here with re-test.

enter 12.09 target 8.14 stop 12.64

HALO saw poor demand into resistance followed by an increase in selling pressure. This is usually characteristic of DISTRIBUTION; however, price did not close below support. This is because demand exceeded supply. This is a signs that BULLS are attempting to "absorb" supply. Even in the face of indecision longs have an opportunity to buy support offering a...

Could be a Diamond here - can work as a reversal or continuation pattern.