Breakdown will short tomorrow will see if bounce as possible play, see shorting early morning then bouncing to match initial high, good possibility considering multi day runner.
BLRX had a strong rally today and it's just getting started.
In the related idea my price target was $1.34.
Today's high was $1.78
Check out the weekly chart:
Photo Finish.
$1.34 was 1.618 extension level from Waves 1 & 2.
Since the price-action broke $1.34 we will have an extended 3rd wave.
I expect a very strong rally tomorrow, I will update in the...
BLRX chart is looking pretty prone for a breakout.
BLRX has been undergoing consolidation and it appears to be ready to go higher
Technical Analysis:
BB and Keltner Channel Squeeze
Price and Volume Trend during consolidation
Positive Volume Index
Regression Slope
Rate of Change
Money Flow
Small Wave Count
Overall Chart (Weekly)
Overall...
BLRX
BL-8040 Overview
BL-8040 is a novel, short peptide that functions as a high-affinity antagonist for CXCR4, which BioLineRx is developing for the treatment of solid tumors, acute myeloid leukemia, or AML, and stem-cell mobilization for bone-marrow transplantation.
Solid Tumors:
In January 2016, BioLineRx entered into a collaboration with MSD, known as ...
