Posted On: 12/02/2013 12:46:40 AM
Post# of 2561
RPRX Daily Chart ~ Reversal to the Upside Underway
Link back to my chart on RPRX that I posted on 11/27. The stock closed at 15.20 that day with the pinch just beginning to open up. Also, just the previous week, the stock found support at 14.09, close enough for a double bottom off the 14.10 low in early April. And here we are just two days later with the stock up to as high as 17.48. I'm only in with 200 shares, but hoping for a nice pop to the MA200 at 18.22. Should that be hit, then the next target would be a close over 18.75 to potentially close the gap up to 22.50ish. If you jumped in, good move. GLTA
Link back to my chart on RPRX that I posted on 11/27. The stock closed at 15.20 that day with the pinch just beginning to open up. Also, just the previous week, the stock found support at 14.09, close enough for a double bottom off the 14.10 low in early April. And here we are just two days later with the stock up to as high as 17.48. I'm only in with 200 shares, but hoping for a nice pop to the MA200 at 18.22. Should that be hit, then the next target would be a close over 18.75 to potentially close the gap up to 22.50ish. If you jumped in, good move. GLTA
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