CMRX - MORNING PANIC @ 2.45

Will be looking this to have a morning panic biggest gainers today however closed very high and very near high of day. The main thing that stands out to me is the afternoon breakout I say this has pushed to over extension I will be looking for the panic to play, no panic no play entry point near 2.45 short float not very high though 2.32% may be enough to set if off. Pattern is based of the overextend closing. 1 year chart not flattering thou the ytd is uptrending