Idera Pharmaceuticals Inc (IDRA)

[Citrati]

Nice volume buying stepped in. Those 20 purchases of 20,000 shares or more on a 1 minute time frame are not due to retail. It is very likely ( at least high odds) today we saw the line in the sand. The fact that the buying was consistent throughout the day and at the close suggests strength in addition to accumulation. Will be interesting to see if they make tomorrow a rest day, the buying continues or what the big money guys are going to do. All things being equal today is potentially the new priming of another upward move. Shouldn't take long for confirmation.
All IMO and may have no relationship to reality.
Trade Green Everyone.
IDRA