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Pacific Biosciences of California, Inc. Message Board

  • thetechtraderca thetechtraderca Sep 26, 2013 7:51 AM Flag

    Harry Boxer's Charts of the Day

    Harry Harry has posted a Charts of the Day video on PACB at TheTechTrader site noting: Pacific Biosciences of California, Inc. (PACB) had an explosive day on Wednesday and was the stock-of-the-day. It was up 2.52, or 73%, on 9.5 million shares. That was the biggest move and the biggest volume ever traded on that stock. All of that comes from the breakout followed by the beautiful wedge that got very quiet and narrow before it exploded. It did get up to the top of the parallel channel just beneath lateral resistance. If it gets a follow-through, look for a move potentially to 7.75-.85. That would be the maximum move if it spikes up there on Thursday.

 
PACB
5.20-0.21(-3.88%)Jul 2 4:00 PMEDT