I wonder if this is the long expected move up many have been expecting for so long? There have been several false attempted breakouts in the past. If the shorts give up on HZNP it will move up fast. Next week should be could be big for HZNP!
I to believe that. But it all depends on the sales forecast management will produce on Monday. If they will address that in the report or at the cc, hznp will move up 70% in a heartbeat, and will continue uptrend all the way to 6-7 $ . As for shorts, I dont think they will play a big role in this case, because most of them are protected by owning shares and options. Shorts already have a sure gain here and now they will try to ride the long way.