Long

This Biotech stock is likely to be a HUGE winner this year

Updated
A minimum expected target is 60% ROI ($6 per share). A multi-bagger is definitely in the cards as it historically returned several x from its previous bottoms in 2000 and 2008/2009.
Comment
Bullish structure still intact ... earnings release in two days. Technical structure continues to suggest major upside is more likely.

snapshot
Comment
Major rally since yesterday

snapshot
Comment
Massive failed breakout. I got lucky to get out at a small lose just under my average cost of 3.25. Situations like these should constantly remind us why risk management is so crucial to success as a trader.
Trade closed: stop reached
loss*
Trade active
Re-entered at 3.85 and added at 4.15. The key with this trade from here is it coming to fruition quickly.
BIOS is back in play. Big rally ahead
Beyond Technical AnalysisBIOSChart PatternsnasdaqTrend Analysis

Disclaimer