I think this is a good place to start a position, if it breaks here next support zone is approx 3.75. High demand for tests currently a good PR from this company could send it north after a long bear trend. Good luck.
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will see what next week brings, bounce of lower trend line? JPM bio tech conference next week hopefully will get something.
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Break 4.13 i would get out and look for a bottom fishing play in the 3;s to be safe.