PeterSl

Price oversold into post-IPO buy area

Long
NASDAQ:BLUE   bluebird bio, Inc.
Price sold off on bad news and awaits confirmation of the claims and seems to be consolidating. Should the claims be confirmed, it is bad news for the Company. Should the news be disputed, the price is likely to reverse into the consolidation area of the previous triangle. Keep a tight stop below the consolidation area.
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