BCRX is trading inside a perfect ascending triangle pattern.
- BioCryst annnounced this week that the company will host a virtual R&D day on Monday, March 22, 2021 from 9:00 am to 11:00 am ET. - As with many catalyst and events, this could be a "sell the news" and we could see the price sell off on Monday, as the stock already saw a cool 5% gain on Friday in anticipation for the meeting. -On the 30min timeframe, it has broken through a small bearish channel, and will likely retest main support. -will be looking for a long entry if it dips down to bottom support