Short
Cempra pharma looking toppy. Short to $19.80

Received email re "long" candidate Cempra
CEMP . Looks like this is getting the ax. Be brave (not a good trader personality trait) to $18 - 17 area. One could cover in stages at $19.80 and $18. Just wanted to bring to your attention if you find this informational.
From Barchart to my inbox:
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 72.50% in the last month
Relative Strength Index 78.38%
Barchart computes a technical support level at 20.34
Recently traded at 24.55 with a 50 day moving average of 16.21
From Barchart to my inbox:
Barchart technical indicators:
96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
12 new highs and up 72.50% in the last month
Relative Strength Index 78.38%
Barchart computes a technical support level at 20.34
Recently traded at 24.55 with a 50 day moving average of 16.21
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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.