Emisphere Technologies Inc. (fka EMIS)

[jdlamont]

based on the quick rising parabolic chart pattern, 8 was resistance and a predictable reversal point..
People sold and took profits because they knew the direction had reversed , which of course in turn was helped by the selling.

Question is when does it re-reverse and test the 8 dollar level again.AND
whether or not the volume was from chartists, momentum players, rumors, or was their and SUBSTANTIVE basis.

I'm guessing, that this quickly reverses again and advances toward 8. Usually to then fall back again, BUT not this time.
I think its going to break through 8 like it was toilet paper.