I see a positive pie formation with positive money flow into this stock. The institutions are getting their fill of cheap stock going into highly anticipated positive trial results. But than again who knows for sure the sky is blue this morning in Beattown and snow is in the forcast for Wednesday.
not bashing but rather reading stock chart analysis which called a bearish harami the other day on TSRX. i'm also not shorting although latest figures are up 10%
Any stock techy knows when the 50MA falls below the 200MA technically speaking it's a death star indicator. The SP although well below both the 50($5.55) and 200($5.41) now are heading in that direction and without any news to change this stocks direction SP will fall dramatically at that point. So far there are no support levels left, all previous ones already breeched and with no potential news till next year the SP at this current rate of decline could get pretty ugly.
I did enjoy reading your fundamental analysis on the stock, however technically speaking no one would come near this equity looking like it currently does. I wont say what the target SP is without news expected for the next few months but it ain't purdy.
R we the only two left in this space?