RARE 5 yr Desc. Triangle Breakout (Weekly)
Weekly breakout of 5 yr descending triangle. 2 PDUFAs coming: 6/18/20, 7/31/20 (www.biopharmcatalyst...ndars/pdufa-calendar)
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Really nice breakout and pullback to breakout level with strong follow through, up 7% today. PDUFAs aside, market is saying it likes this stock. I am not in this stock currently, but it is a top 3 priority add on a broader market pullback. Long term consolidation is clear, breakout is clear, I like it. Keeping a close eye.
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Weekly chart looks great, will see $100 easily