Price stability is usually first sign before a spike. We may see another week of stabilization before climbing above 30.
Had this conversation in the KITE thread; similar companies that are in the immunotherapy arena. http://stockaholics.net/threads/kite-kite-pharma.1472/#post-15829 These immunotherapies have not cured cancer in mice. Where there are much fewer limits on what you can do to the "patient". At best, this is a science in progress; but really this may just be a science that is nothing more than hype. Hopefully it progresses. But if you get into this, you have to be ready for -25% days.
Drug maker Juno Therapeutics ($JUNO) could also come under pressure after ending developing of its leukemia drug following several patient deaths.
Celgene in talks to buy Juno Therapeutics: report - https://www.marketwatch.com/story/c...cs-report-2018-01-16?siteid=yhoof2&yptr=yahoo
BIIIIG gap this morning! Juno's Stock High on Possible Acquisition U.S. stock markets are set to open high on Wednesday with the Dow above the 26,000 level and the corporate earnings season as the principal driver of the bull market. The industrial production rose 0.9% in December for the fourth straight monthly increase and was higher than Wall Street expectations. Leaving behind the drop of the past quarter, in the fourth quarter, production advanced at an 8.2% annual rate. For the calendar year, production rose 3.6%.
lol are you playing around b/c not sure what resistance line you mean - has been making new highs so are you talking about that thin red line @ very top of chart?
Haha, to be completely honest, I must have glanced at this one much too quick. I didn't see today's breakout, I was only looking at everything before that HAHA. My mistake! And looks like I was wrong even if I posted it yesterday, as it jumped much above that resistance line I had drawn in (white line)
