Prosensa Holding BV (RNA)

[weazelboy]

Hey Ex Blockman. Wanted to get your thoughts from the chart you posted...???

Looks like it closed just a smidgen below the upward trend line (thanks to a last second "paint the tape" sale). Seems to be forming a pretty distinct pennant...and the only 2 options are either: a) breakdown from here if it doesn't retake the trend line quickly tomorrow or b) breakout above $7.25 on volume over the next few days if it does retake the trendline?

What's your opinion?

PS- interesting that this all could be coming to a head exactly by the next time news is out from the company next Tuesday morning. That would seem to add fuel to the fire for whichever direction it goes (good or bad).