After a 20% drop this morning the stock staged quiet a nice recovery after hitting multiple supports= - The Fibonacci Golden pocket - The ascending trendline - The 100MA. resulting in a 10% reversal trade. Lets see what Fridays brings and the possibility for a bounce in the Nasdaq and Biotech sector.
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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.