Big move coming
So, yes, as ISIS shares near an inflection point (in fact, two distinct inflection points from opposite directions), a big move appears imminent. Multiple levels of trading support lie at ~$10, and multiple levels of resistance converge at ~$11.50. This translates as an approximately 10% range between the two. This squeeze can continue to compress, could even breakdown albeit ephemerally; upside momentum, however, busily and quickly refreshes itself. And nears completion. The moment -- a breakout in one direction or the other -- appears nigh. I believe the breakout will be up. (btw, please recall that investor support lies at ~$8, above which the long term dynamics for this stock changed immediately and positively. The difference is time frame, and thus objectives. Always align the two!)
Thus, I place this opportunity front & center. It joins other recent winners, which includes among other favorites, Apple Computer/AAPL (remember that one, naysayers?) and Zumiez/ZUMZ -- which also nears an explosive move higher.
-- David M Gordon / The Deipnosophist