It's out!, page-182

That is quite optimistic support.

I did predict a short to medium term fallback.
It is still largely oversold.
You will find that on 3 occassions it has failed to break a major support.
Of course if you are long then this is not an issue.

You will find that there are atleast 5 traders or 1 trader with atleast 5 large purchases on board.
You will find that these purchases are well exceeeding the normal retailers gut for biotechs.
Today's volume suggests that atleast one of them has dropped or all 5 have dropped about 20%. Obviously this is an assumption and different traders may be out different positions.

You will find that in short term there is still a fair bit of weakness and you will see that there will be more selling in the short term. You will only need to wait until atleast 2 of them become impatient to sell down a major support

I have itchy fingers but there is still a fair bit of time on hand.

Good Luck