Replies to post #2964 on Halozyme Therapeutics Inc (HALO)

[XenaLives]

Will Have to take some time to answer this - but for now let's just say HALO is a very bouncy stock, and it can recover quickly from disaster.

Note that the CMF and MACD are the worst they've been in five years. Someone is putting a lot of force behind this...




As a company matures, the Instys want to hold more and more and crowd the little guy out. That is the purpose of this move IMO.

A lot of stock was bought at $8.50 on that first day.

I think they are going for that long blue line in the volume by price, about $6.70 and then it should finally bounce from there. Very few "experts" mention this indicator but I find it to be very helpful.