I have a position in TGTX with a tight stop loss for a Continuation to the Upside. It was in a Wedge Pattern that ended up breaking down to the 50MA today on the daily chart. Unfortunately, I would love to have gotten in at that position; However, I believe the bullish trend is still in tact. I did notice a nice spike in volume today, at 15:30 today, which ended up pushing the stock closing above the 30 Min 15MA. I still do not like the upper Fractal Wicks being long on the 30 Minute Time Frame, showing strong selling pressure. I will be monitoring this one daily to see a daily close above what I believe is the primary bullish trend.
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