Mar. 28 at 2:57 PM
$TGTX I think the false breakdown on Mar 14, dropping below
$27, was the final act to get rid of the ponzi leeches, when sentiment was ultra bearish and everyone had us dropping down even further, to fuel the next big run in TGTX.....
A couple things to note, we are starting to diverge away from the XBI, especially on days when it gets crushed, showing strength instead of major weakness, as we had experienced quite the opposite over the last 6 months. Second, the 50 SMA is starting to curl upwards, and you can start to see the golden cross that will occur in the next month or 2 if we continue to climb. It's been a long time since the 50 SMA has pointed upwards, but with a blockbuster drug and SQ on the horizon, this is an easy hold for me.....
