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Re: TA_Sleuth post# 30416

Sunday, 04/08/2012 12:58:09 PM

Sunday, April 08, 2012 12:58:09 PM

Post# of 47295
All the green candles, to me, means big institutional money is chasing it. Seems common with biotechs. Just like RGEN's recent run. AVNR had a similar run before earnings. Seems like someone knows something's up.

Biotechs can be scary to trade. I've reaped some great rewards and have been burned just about as many times. But, if you see steady uptrends, that makes me think big money is comfortable with the risk.

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