Elliott contracting triangle for wave 4 in the final stages!
looks to go higher for wave 5!
Comment:
This bio is strong despite a down open to the NASDAQ. Biomarker trial showed muted results but not bad enough to sell off the stock..so its most likely going higher. 1.272 is a reasonable target so looking for 13 dollars on the short end. Baseline of triangle should hold. play it safe , wait for break of upper trendline of triangle for a long position