Today's candlestick on SRPT is probably one of the largest "SPINNING TOPS" I have ever seen. Spinning Top patterns are a signal that there is a lot of UNCERTAINTY in the market. Imagine, 3.7 million shares traded with virtually NO PRICE CHANGE.
Curiosity has the better of me Popeye. Just how many dozens of biotechs have you used your advanced TA techniques on so that you know it doesn't work on biotechs. How long have you been using TA? Which techniques do you rely on most on a biotech. with its inherently higher volatility?
God bless....Your fellow technician....Bud Rolfs
ur an idiot - fake release from short seller proven to be false. that's why there was huge volume and virtually no change (early AM rally was related to ISIS approval). You know what you can do with your spinning top???
We can never have enough hate on the board, or in the world; so your contribution is VITAL!
And I may truly be an idiot trying to be helpful in this den of vipers. But, I know what the Lord asked me to do; and I know for every one of the haters like you, there are 2 or 3 good folks at least who might benefit from my work.
Anyone can read the ISIS story after it occurs; but the ABC Pattern was there BEFORE any ISIS story; and we'd be on our way to the $31-$34 area had the twitter hoax not destroyed the momentum. The object in investing is to try to know WHERE SRPT IS HEADING BEFORE THE NEWS. I talked about the pattern and where we likely heading YESTERDAY; well before any news broke on ISIS.