Courtesy of Read the Ticker.
Biotechs are recovering, this stock is lagging, but getting ready to move.
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Another example of Richard Wyckoff logic
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Investing Quote…
..”I have yet to find a man, in or out of Wall Street, who is able to make money in (markets) continuously or uninterruptedly. Like anyone else, I have good and bad periods.”..
Richard D Wyckoff
..”Money can’t buy you happiness but it does bring you a more pleasant form of misery”..
Spike Milligan
..“By failing to prepare, you are preparing to fail”..
Benjamin Franklin
..”Markets are designed to allow individuals to look after their private needs and to pursue profit. It’s really a great invention and I wouldn’t under-estimate the value of that, but they’re not designed to take care of social needs”..
George Soros
Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.
Warren Buffett