Idera Pharmaceuticals Inc (IDRA)

[Citrati]

E...the thing that makes me nervous about a flip buy just yet is the anemic volume. The not quite dragonfly doji and a not quite hammer yesterday are a little iffy. Chart is trying hard thats for sure. The 4 days ascending lows are encouraging. Not sure a play to 4.40 (56 cents) is worth worth it as 5000 shares would only net 2800 and tie up 19000. If I could count on volume and a move past to $5 or above that would interest me. So the question becomes do we break above both the 10ema which is present resistance and the bb midline? http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=0&mn=2&dy=0&id=p76781844032
I should add JMO from the peanut gallery and only worth the free price with which I gave it.

One other thing. That gap to $6 will fill. Sure would be nice if it doesn't take too long. Where is news?

Good Luck