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Silvestrov

NBIX - ascending triangle breakout

Long
Neurocrine Biosciences, Inc. (NASDAQ:NBIX)  
Silvestrov  
NASDAQ:NBIX   Neurocrine Biosciences, Inc.
Chart Patterns Triangle Elliott Wave Ascending Triangle stocktrading breakout correctivestructure LONG
1
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chartpattern triangle elliottwaves ascendingtriangle stocktrading breakout correctivestructure long
NBIX broke out through acending triangle, and may now rally up to 120-130 level (Sep18 top), where both ascending triangle target would be reached and C wave would equal to 1.61 of A. There it should find strong resistance and potential double top.

Stop loss: 79.0
Target: 125-130
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