Portola Pharmaceuticals has nearly everything I look for in a setup.
Portola Pharmaceuticals has nearly everything I look for in a setup.
A trade that has been working well recently is to buy pull backs into longer term uptrends, specifically when trendlines coincide with Fibonacci Retracement Levels. You can see above that $PTLA is in a longer term...
Going long December $175 calls in Amgen here today. Seasonally strong stock in December and pull back into long term support with bullish RSI Divergence.
www.omahacharts.com
I blogged about a long position in $CRC from much lower and own it in a long term account. As it bull flags here, I believe pullbacks should be bought. First price target, $18 in the near term then look for a move to $22.
