Charting Only., page-3

  1. 12,354 Posts.
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    OK just one more thought before I get off the computer - the big blue box encapsulates the accumulation zone - of the downtrend - note there is not really any high volume capitulation selldown in this zone - just a lack of trader interest which is sensible once the SP made a double top on lowish volume and failed to go higher at that point - which was where they raised for expansion and collaboration - now also patents and real consolidation with regard to FA - the FA guys on the thread can speculate but to me we are just waiting for confirmation - yes it is a gamble it is a biotech - but if your across all the fundamentals and think who is running the show and who is invested are good > and you think the outcome is scientifically plausible then you would not really worry - in fact who did buy at the lows - not the naysayers - they are in higher - that is why they are squealing - imu.PNG
 
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