Replies to post #28713 on Marker Therapeutics Inc (MRKR)

[123tom]

I agree with that.

We had a good day from MRKR today. bouncing up like it needed to ,from the 4.33 low.
This was my chart from the day before, showing the idea.
a much needed bounce today

Now MRKR has a chance to hold at a higher support step, and if there would be a recovery from this 4.35 low target, I'm looking at the 4.90-5.00 area as the next decent bounce target. and the Fib finish target zone in the math pattern would be looking at 5.25 area. A good rally wave to begin the recovery.

Current resistance waits overhead around 4.60 area, I have some concern at this resistance step. The rally momentum needs to really follow thru with another good bounce to get the wave pattern moving upward. it has to break thru that 4.60 to try for 4.80-4.90.
To get capped now at 4.60 would become a bearish bias in my view, making MRKR look downward toward that bottoming zone (4.50-4.00)