BCRX potential big move
Multiple bullish indicators across all time horizons. Exiting cup and handle with bullish trends and CS patterns. Support between 4.9-5. First target 5.82 followed by potential short opportunity as it tests support at 5. Following previous year's market structure and price action, backed by upcoming announcements regarding product release and test results, long target 16+.
Keep an eye on RSI and 8 hour EMA/MA cross as price action historically respects both pretty strictly. Dragonfly Doji's also a strong indicator for big moves.
*This is a personal idea and not a recommendation
Keep an eye on RSI and 8 hour EMA/MA cross as price action historically respects both pretty strictly. Dragonfly Doji's also a strong indicator for big moves.
*This is a personal idea and not a recommendation
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