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Curis, Inc. Message Board

market_ace 4 posts  |  Last Activity: 16 hours ago Member since: Feb 9, 1998
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  • Reply to

    Russell rebalance today

    by alex1444b Jun 26, 2015 2:29 PM
    market_ace market_ace Jun 26, 2015 4:00 PM Flag

    Not a surprise to anyone who has seen this occur with other stocks. Lots of sell pressure all at once = price spikes down.

    Sentiment: Strong Buy

  • market_ace by market_ace Jul 7, 2015 10:09 AM Flag

    ... to rock to the upside on any break with volume above the $2.00-$2.10 area. Not a classic reverse H&S because of the volume due to the Russell rebal day on the right shoulder, but an appealing pattern. Symmetry would portend a move to the $2.50 area shortly, reversing the longer term downtrend.

    good luck -
    ace

    Sentiment: Strong Buy

  • Reply to

    The chart is ready ....

    by market_ace Jul 7, 2015 10:09 AM
    market_ace market_ace Jul 7, 2015 10:34 AM Flag

    Today may not be the day ... broad market providing a tough headwind with this selloff. Patience.

    good luck -
    ace

    Sentiment: Strong Buy

  • I really like the fact that after the recent push over $1.50 CUR spent much of the Friday session in the $1.50 - $1.60 range, settling back in to close above that key level at $1.51.

    If you look back at the 6 month chart, $1.50 was a recent low on the way down to the $1.30's, and whoever posted that $1.50 would not fall immediately was on target - some resistance is to be expected. But resistance becomes support, and Friday's session may have now established $1.50 as a new launch level for CUR.

    The key going forward here (as it always is for a rallying stock) is VOLUME. We need to see it on a consistent basis here, both in terms of 2x or 3x volume days, and from a standpoint of average daily volume rising to a much higher level. With some fundamental news to support us, September/October have the potential to be very good months for CUR.

    good luck -
    ace

    Sentiment: Strong Buy

CRIS
2.62+0.03(+1.16%)Aug 31 4:00 PMEDT