Follow the volume. Moves signaled by low RSI, Low Money Flow, Fisher either low in reversal or in up signal, WITH INCREASING VOLUME FOLLOWED BY VOLUME ABOVE the increased volume average, signal a long DUST trade. Then, volume bell share with increased DUST Price as volume drops. Sell signal is normally at RSI over bought.when in an up channel, else RSI60 over...
Oscillators indicate a decent risk/reward entry now on ATHX (with tight stop). No chart reversal pattern apparent yet. High call interest and several pipeline catalysts set the stage early into next year. As a Plus ++ expect heighten interest in small tech bio regen medicine stocks as a new bio sector ETF during January kicks-off with PRMF's IPO....
Are MM's just trying to fill the GAP? Vol's the tell. GLTALs.
Point and Figure's can often provide clarity toward Trend, with Volume in the trend providing the "tell". ATHX catalyst may be setting up (expected news on Japan, Stroke trial & study progression). ATHX Institutional interest is high. There is a high Call interest (vs Put) in the stock going into next year. Technically, the long term triangle pattern is apparent...
OBV tells the story here. Strong accum and next 13 34 cross is on deck.
Positive technical divergence and bullish engulfing candle in the midst of broader market selling/weakness: Strength in a down market ...while a H&S pattern is in play. Cleared to back test the H&S trend line, then potential for 200 MA and higher.
Triangle fails & ATHX trades to 50 week moving average, prints hammer candle & follows through on reversal. Since Jan2013 the 50 wkma indicates strong support. Price pattern sets into megaphone during biotech sell-off beginning in Feb14. Last weekly candle, gravestone doji closing at the .236Fib of the recent run-up. (IF) a megaphone then time to trade up (ELSE)...
Bios close to technical bounce, either here or 200d, h&s target stretch case, macd's ridiculous.
Looks eerily similar to INO a month or so ago. Expected indecision as we are setting up for P2 Trial results, late Apr early May per CC. As a Flag add ~2 to 3.56 and we get a target at +5.50, watch for test & hold of upper and lower Tri, then breakout and/or breakdown with back tests. Will be interesting to see how ATHX holds up depending on how the Biosector acts...
Sets up with price support at 3.00 and into its next level up rectangular price channel; rect chnl upper bounds at 4.76. GLTALs
Bullish but does appears PACB likes to run back to the 50 Fib after the pop. Would like to see one of these hold, on next go round, a good entry looks to be on the red line.
Stopped out on gap down, after delayed Markman, price catches support at the 100d sma, next support at 1.35 and/or 1.02 before (potential) dbl bottom unless news reverses. Out until new news -or- Supreme Ct ruling on Alice.
Technicals and Fundamentals align well for ATHX: Inv H&S target 3.50 met, now rounding bottom targets 6.00. MA's, MFI, RSI, MACD & OBV indicate strength. Stem as Sector play picking up steam, numerous cats on deck front year for ATHX, bio conf next week.
Price pressures with Kim kicking off the Bio Conf next week. C&H (not drawn) target ~4.50, ABCD ~3.50 whose range is coincident to Fibs & expected price channel
Negatives = flag failure; Positives = Gap fill with RSI reset.