Waiting for the NDA resubmission news. Expecting the company presentation in 2020 BIO CEO & Investor Conference on Feb 11, 2020, to cause the market to move upward.
In a possible future FDA approval for their IV oliceridine drug will cause a nice Trend up. Holding all Longs and Share positions.
Looking for a break of trend which could lead to a possible short opportunity with a possible Bullish bat pattern that we could meet in the first support area below. Also, we could see a retracement and stay inside the trend line, i will keep my eyes open and will notify you guys. Goodluck.
(RED BOX) Fractal, shows that it respects structure and the supply zone.. no signs of bullish movement.
Bearish Divergence still present and a great indicator.
Bearish wedge still present.
WILL ONLY TRADE THE BREAKOUT