fourseven
Member
Rate Member
|
posted
... and trended down to something like 0.08 until mid-April, whence large volume came in, and drove it back up to low .40s
since then, this chart started to look promising -- it would appear it's building up to a breakout. pennant pattern, or whatever you call it.
seems to me that if it stays above .385, strength would be confirmed. anything above recent highs i would consider a breakout.
not sure what the company does.. some medication that alleviates the symptoms (ie, pain) of arthritis, i think, is their hot product.
anyway, i'm cautiously long at .42 ...
--------------------
the market is not your mother
IP: Logged | 
|
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
