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Friday, January 17, 2014 4:21:24 PM
Ridiculous that we've already reversed on the P&F chart in half a days session from yesterday! Also reflects Money Flow turning negative the last 2 days. Stock needs to show some follow-through strength next session.
http://stockcharts.com/freecharts/gallery.html?RNA
Honestly though, I'm starting to wonder if it is even possible for this stock to have a win streak that lasts more than 3-4 days. I realize it was up 25% yesterday and giving back 8% of that may seem minimal...but in reality it has given back over 23% from the HOD yesterday. That is NOT good. Was really hoping it held and closed at least above the previous high close of $6.55.
Yes, SRPT was also down a good clip today...but they only gave back 4% after gaining 40% yesterday. Sigh.......
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