PRTA likes Double Bottoms Both in similar green circles I expect both aswell to have similar bullish outcomes
1. Jefferies upgraded the stock to buy from neutral expecting a 100% upside to the stock. Citing the ‘positive momentum and pipeline execution’ and rising investor attention, the analyst Michael Yee ups the price target to $30 from $15, nearly double its previous close. Prothena’s pipeline has significantly expanded and improved. The company’s early-stage...
$PRTA - short setup (hourly chart) - DayTrade
PRTA broke out of longer term consolidation and after a quick run pulled back. It seems to start moving up again now. The moving averages are all sloped up nicely and volume expanded and contracted nicely. With earnings coming in after todays session this might be a nice earning play by buying some calls for limited downside risk.