AEZS Daily Chart ~ Boom! There It Runs............
Link back to March 2 for the initial thoughts and chart of the pennant formation. Today saw the breakout to the upside. I know six others that entered over the last couple of days in the 1.20s. Today's move of 16.4% isn't too bad for the beginning stages of a good run. The stock ran into resistance of the MA200 and closed just above it on strong volume. That's a good thing. With the stock breaking thru the previous highs of 1.34 and 1.39, it's now closing in on the next target of he 1.55/1.62. This one is going higher over time. GLTA
Link back to March 2 for the initial thoughts and chart of the pennant formation. Today saw the breakout to the upside. I know six others that entered over the last couple of days in the 1.20s. Today's move of 16.4% isn't too bad for the beginning stages of a good run. The stock ran into resistance of the MA200 and closed just above it on strong volume. That's a good thing. With the stock breaking thru the previous highs of 1.34 and 1.39, it's now closing in on the next target of he 1.55/1.62. This one is going higher over time. GLTA
