Short
Has further downside to $11-$14 - Gap fill from October 19'
The recent plummet was due to less than stellar Phase 3 results. With a March 25 PDUFA target on the horizon, longs may have given up and cut their losses. Technical indicate a big gap to fill in the $11-$14 area from October last year. Short.
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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.