Likely a bearish engulfing day today. Gap fill will likely happen and then hopefully some strong relief upwards.
Prepare for doom if this gets knocked below 1296
This bounces off 100MA or tests previous resistance of the 2930 area. Will try to go long there.
Two initial tests of $44.30 area, followed by drop. Next, 5 tests of $43.00: rejected. Today there was a Citi Biotech talk. Hype brought this up to one more test of $44.30: Rejected again with a close below $44.00. Too much rejection for this to stay in the 40s much longer. We will see.
Was thinking about closing short with the market open break of 43. But as before, it cannot stay above. It is now below uptrend line. More downside possible. Hoping for <40 to close short.
should be coming back down soon to test uptrend and reset RSI, etc. Test of 80 likely.
Resistance at 13.15. Needs to close above to continue upward to 14 area.
Resistance @ 13.15. Bull pennant consolidating. Bollinger bands tightening. IMO breaking out tomorrow and testing 13.15 again for sure.
Triple bottom with room to breathe on RSI. Above 13 is first target.
MACD Golden Cross downwards. Overbought RSI. 37.50 and 35.20 support tests coming.
Wait for turnaround point, but this likely bounces back to the upside soon. On a trendline and oversold on 4H RSI