BLRX Weekly Analysis: Falling Wedge + Monthly Bullish DivergenceAnalyzing BLRX on the weekly timeframe, the stock is showing a classic falling wedge pattern, a bullish reversal formation.
• Key Support: Holding strong at the $.40 level.
• Target: $1.00 +, Near strong resistance level.
SL: $.35 & $.31
Why This Chart is Interesting:
1. Bullish Divergence: M
