BYSI Harmonics: Swing trade!If the shark pattern completes a bounce at 1.13, instead of 0.886, I will consider this a low risk swing into 0.382 and 0.618 retracements. Usually, one would trade this straight into a 0.5 retracement. I am not sure about the other larger possible pattern here. It's still just an idea; however, considering the recent price targets of $50 and $100, as well as, the pdufa scheduled for Oct. 30th, there is potential for this final pattern to be realized. Good luck, trade safely, and let's make that money!
