vf_investment

Cross over resistance or bounce back? Depends on MACD

NASDAQ:BBIO   BridgeBio Pharma, Inc.
Will the bulls continue pushing the price of Bridgebio Pharma through the resistance? RSI 14 shows no indication of their stocks being overbought and the pharma industry is doing well, so I think yes. But let´s wait for the next high of the MACD to see whether it converges or diverges with the price. In the case of a conversion, I call a breakthrough and long position!

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