This one is for @UnknownUnicorn7131705, as I was just browsing through his list from supposed guru Mark Minervini.
ALNY has pumped hard on bad earnings and this I think is potentially a shakeout move before a fall.
ALNY has been in a long term ascending wedge for many years and this recent pump has gone from the lower to upper trendline in a day.
Also RSI divergence throughout the wedge.
I think this stock will have a major collapse and I am short.
Not advice.
ALNY has pumped hard on bad earnings and this I think is potentially a shakeout move before a fall.
ALNY has been in a long term ascending wedge for many years and this recent pump has gone from the lower to upper trendline in a day.
Also RSI divergence throughout the wedge.
I think this stock will have a major collapse and I am short.
Not advice.
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