Marker Therapeutics Inc (MRKR)

[123tom]

I appreciate your thoughts.
If I might respond to a few....
when it comes to using chart patterns and math patterns to 'predict' I dont like the word predict because nothing is etched in stone, I rather see the price action as a flowing up and down dynamic, that is the result of wall street supercomputer trading systems, Market maker and hedge fund manipulation,options trading short interest etc... but what is shown on a chart is the price action that recently happened.
I use Fibonacci math tools to show me the Fibonacci energetic math and geometric patterns. Combining these patterns with Elliott wave patterns seems to be a pretty good forecasting map. Not perfect. but it shows a map of track patterns to watch for. Forecasting can be done ok if the pattern shows some steady reliability ,as MRKR has done for several weeks now.

and this is shown by the first major measurement in this formula. as I described in my past charts
Once the 3.97 Bottom made its first rally wave to peak at 4.88.,the First Wave/wave 1...the Fib measuement can be projected. and the targets become visible. so I was waiting for this kind of rally to finally reach the 6.35 target zone.
There are also a few other target patterns in slightly different wave tracks, that would show a target zone at 6.70-6.90 and 7 dollars as well as 7.30 area. but these targets would have meant that we Didnt get the kind of massive retrace sell off like we got today. Price would have needed to hold around 6.00-6.15 area and continue a good bounce that travels another 70 cents to target that 6.90 zone. But today erased that track pattern now,as MRKR sold down back into the retrace target zone almost. by reaching 5.70, its almost flirting with the retrace target zone (5.60-5.40 area). and bullish momentum might hold this 5.75 shoulder step. But I also noticed that when the price continued down to bottom at 5.70 the MM's created a giant bid/ask spread way up at 5.87 ,when the price was still at 5.70. so they stopped the technical buying. I was ready to buy a few at 5.70. wasnt given the chance today.

so this low at 5.70 looks controlled. would it sell down lower next week. I'll be watching the 6.10 resistance area next.
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But when you think of predictions and forecasts. The target zone was visible a month ago as soon as the chart could be drawn.

see the First rally wave from 3.97 to 4.87
double click chart to enlarge