RTRX Bullish Divergence + Trend Line Support
Diupdate
4H technicals priming for a scalp play on RTRX.
Cut beneath close of trend line on 1D chart unless sell volume unusually high.
Entry price: 27.35
First price target ~29.00
WARNINGS: very volatile stock, did poorly on previous earnings few days ago.
Cut beneath close of trend line on 1D chart unless sell volume unusually high.
Entry price: 27.35
First price target ~29.00
WARNINGS: very volatile stock, did poorly on previous earnings few days ago.
Catatan
High volume sell off today. Still above my trendline. We will see what Monday bringsCatatan
Very close to cutting RTRX due to it breaking the area of support I have drawn, aka if it breaks and closes beneath the channel I will be taking an L on this
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