Idera Pharmaceuticals Inc (IDRA)

[Citrati]

While I understand the "weak" comment, I do not fall in to that camp as yet.
It increases with each red candle, for sure. I have add points figured not sell points. JMO

http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=0&mn=4&dy=0&id=p66804783601

Reason being.
1. Accumulation still occurring.
2. Sideways channel still intact.
3. Still have higher lows working.

Closing under the 10 and 20 ma's plus under the pivot point is potentially validation for weak.
See what happens at close and what we get tomorrow.
IDRA