50 day moving average is the last area of resistance short term in my opinion. It is at $43.78 right now. We go above that I think that will set off a huge round of technical short covering. I hope it happens today.
Technical analysis here is saying we are going to break above 50 day real soon. Stock doesn't want to sell off on heavy down day. Also, it's been hugging the 50 day for a few days and not bouncing down off of it. Usually the multi-day hugging is an imminent breakthrough signal. I expect we see a bust through on Friday and a big run in QCOR up until the scripts number.