Idera Pharmaceuticals Inc (IDRA)

[Citrati]

IDRA continues its building after some insty sales last Q.
http://www.nasdaq.com/symbol/idra/institutional-holdings
Building is evident here.
http://stockcharts.com/h-sc/ui?s=IDRA&p=D&b=5&g=0&id=p35250015278
Can also see the exhaustion of selling with the two large red volume candles in the beginning of May.
Now to see if price can remain above the bb midline and test the 50 day.
Indicators need to finish moving into power zones and buy volume needs to pick up for this move to sustain itself.
All IMO and not trading advice or reco of any kind.
IDRA