I totally agree. This is textbook cup and handle pattern.
JUNO has backing from CELG. They don't have to worry about cash flow. KITE on the other hand could be burning cash faster than they'd like. risky.
Yahoo news on KITE has an article titled "Bursting Biotechs -- Are These Stocks Buys?". It has very bullish comments on JUNO (towards the end). Not sure why this is not linked to JUNO news board on Yahoo. This is a must read for JUNO longs.
Look at CLLS ceo defend their stock. JUNO CEO is so quiet, I'm a bit worried.
I'm getting worried now. This smells like someone knows something negative about this company. This kind of selling doesn't make any sense.