The slow climb of Selecta Bioscience. It trades/trends within the channel and reaches the highs and lows. Every Nov/Oct it's been falling down but takes it's time within teh channel to ramp up to a certain peak.
News definitely adds as catalyst but it doesn't go beyond the channel. It's interesting to see how it traders after the dip and now the ramp up will begin.
I don't see the spike in the same magnitude as the previous ramp but this could run further based on the previous ramps! I've been trading it on the dips and have had this in the portfolio since it's 18s to the ride to 50.
It's an interesting stock for me.
ADIL has less of the pattern to follow the historicals but as far as it's in the wedge pattern, this is a good time to add to the dips. I've been watching the channel and trading it but hard for me to gauge a breakout. Any news could be the catalyst and we could see a good July.
I've had LEDS for a while now and have been trading from 3s to the 5 mark. It'll be really interesting how it behaves at 2.92 level. If it drops further to 2.5s, then the repeat pattern will be intact, if not, it could climb back up to the 5 level in July.
I'll be buying the dips and lowering my average with currently in at 2.8.