Resistance $7.84, Support $7.4620 day bollinger bands = Hold, Technicals are streched as the bands are expanding not contracting.Golden Cross is coming if NBIX continues its upward movement.50 DMA = $6.61 ....... 200 DMA $6.94frogs
Bollinger Bands Still a HoldUpward resistance at $8.27 .... so if the market can get some momo for an XMASS rally ...... NBIX can move up into the $8.20'sGolden Cross getting closer 50DMA = $6.74200DMA = $6.95frogs
It would be even better if we got announcement of Phase 3 or the othercatalysts. Can we break $10 ON GOOD NEWS?
1ST patient dosing of E for P3 would give the stock a nice push.frogs
Who's buying here? I'm waiting for a little pullback. What a beautiful run, though.
We have an Institutional buyer no doubt that has been a steady buyer bidding NBIX up a few cents every day.frogs