ABIO, CPRX, & DARA have somewhat similar charts and yes I like them all!!! I am already loaded on CPRX and will watch to take a starter position on ABIO & DARA today if they head back up. These pharma stocks are hot with many eyes on them, so when the buying starts again they can run fast and hard.
ABIO chart on May 28th is a great example of what can happen when the PPO/ADX do a hard pinch. ABIO did a quick double in 2 days off that pinch! This is why I love playing these pinch plays and when you look at PULS right now(bottom chart) you can see a great setup like ABIO had and the results of that pinch. Cheers!
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