Hey Fellow Biotaese
Today text book gap fill and closed on thursdays high
If tommorrow down in US we will be down biota
If tommorrow up US we will be up biota and good chance continue
If tommorrow up US and we are still down then good chance for a healthy retracement
Inpulsive move up retracement of last leg fibonacci 38.2%
approx $2.85
Stochastic in oversold and %k and %d lines crossed and heading down
Weekly chart is parabolic in its move up and i read EW as start of wave 4
In a nut shell I would prefer Bta to complete a healthy retracement so that i can get in latter because I believe this stock is going much higher
In saying that I wouldnt mind shorting it while I wait
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Im not a professional, all above is speculation, do your own research cause the market is designed to make fools of 95% of its participants
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- gap closed !!!
gap closed !!!
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