More speculative as is a bio pharmaceutical. One bad news release can lead to big drop. Chart looks good to me. Notice the positive reversal in the daily RSI. Could use close below the current up trend line as a stop.Yellow box is near term target but if price blasts though that level it would be very bullish.
Process your way.
Take care.
Process your way.
Take care.
Note
Another way to look at this: cup with handle.Note
Target hit. Taking profits. Also bearish divergence in the RSI.Note
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.