Man, you keep getting me when the SP is spiking. Currently you've seen great growth from $3.40 so that's a huge plus but in my opinion the SP needs to consolidate here, move sideways for a bit, get itself nicely back inside bollies and then it's ready to continue. You'll see when the last time I posted (blue box), the SP had jumped too far outside and needed cooling off. So back to current day, if you could get the SP to go sideways to consolidate then you will avoid the massive retrace.
There's plenty of room for this to consolidate and still remain very bullish. IMO
Also helping you is the current strength in the bio sector. (it's about time)
Hope this helps, really like to see a nice gradual climb upwards with minor retests along the way, no spikes.
Cheers
NEU Price at posting:
$4.00 Sentiment: None Disclosure: Not Held
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