BIIB is climbing after bouncing off a VWAP cluster (yellow and green zones) and reclaiming key levels. Price held support near $125 and is now pushing toward the upper range near $134.
Volume is slightly above average (1.23M vs. 1.21M MA), and price structure looks constructive with a clean higher low in place. The red VWAP still acts as overhead resistance, but if cleared, a move toward $136–138 could follow.
Indicators used:
Anchored VWAPs (support confluence and resistance setup)
Volume and Volume MA
Trend structure (higher low + bullish follow-through)
Entry idea: Above $133 or on dip to $130
Target: $136–138
Stop: Below $127 or VWAP cluster
Volume is slightly above average (1.23M vs. 1.21M MA), and price structure looks constructive with a clean higher low in place. The red VWAP still acts as overhead resistance, but if cleared, a move toward $136–138 could follow.
Indicators used:
Anchored VWAPs (support confluence and resistance setup)
Volume and Volume MA
Trend structure (higher low + bullish follow-through)
Entry idea: Above $133 or on dip to $130
Target: $136–138
Stop: Below $127 or VWAP cluster
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.