BIIB possible cup forming
Playing Trading Simulator Game:
Cup taking shape on the daily chart.
Price in upward channel.
Stoch in upward channel.
RSI shows nice upward trend.
Enter long after price above:
a) 16MAR18 high of 292.30
b) 26FEB18 high of 296.10
c) Psychological resistance of 300
My choice: BUY STOP at 301.5
Cup taking shape on the daily chart.
Price in upward channel.
Stoch in upward channel.
RSI shows nice upward trend.
Enter long after price above:
a) 16MAR18 high of 292.30
b) 26FEB18 high of 296.10
c) Psychological resistance of 300
My choice: BUY STOP at 301.5
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