Replies to post #2908 on Enanta Pharmaceuticals Inc (ENTA)

[willyw]

I hesitate to post this but I'm going to include a link, a chart.
https://finviz.com/quote.ashx?t=ENTA&p=d
We've been in an uptrend and when I see a huge spike, or series of large spikes they are often followed by a selloff.
How well I know that lesson. : (

Maybe Enta will go up, and up.
BUT particularly if this is just a large day or a series of large days anyone just (or pondering) getting in should realize that someone is going to take profits.
IE, runups are often precursors to selloffs.