Biotech Long Swing #3

Posted by StockBuz on May 13, 2011 at 7:14pm

BMRN another setting up for a move but this time not as lengthy. Time in the market 3-6 months for 20% on a break above resistance w/volume

Admin

StockBuz May 21, 2011 at 12:17pm

Then there are times when a small pattern forms within a larger pattern, as we're seeing here. Longs could scale in on a breakout of the smaller triangle, take partial profits at the short term target and then add back shares on a pullback to test support. Stop below lower triangle support

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