Bought at 3.15! Will it take time to get back? Thoughts please
Jknuth1
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@Arjun97003015, It looks like the H and S pattern is under way. It should move down to around 2.25 -2.40 range to complete the H and S. I have set up buys in this area. I do believe it will move back up to retest previous highs pushing towards $4. I have added to my position to lower my dollar average and am looking to hold this till 2nd quarter next year. This is not guaranteed but is my expectation for the next 6 months. As always, trade at your own risk and this is for educational purposes only.
rfc1111
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@Jknuth1, Agreed. I saw it on the weekly chart after you posted. Expecting it turn back up in November.
KeithBilyeu
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Beautiful thank you for your time and for sharing your knowledge 🙏
rfc1111
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Cool. Just started posting here despite years of charting on this. Should have done it a while ago. Happy to help. Not many biotech chartist on here.