BLRX - Breakout prone

1 Eyl 2018

BLRX chart is looking pretty prone for a breakout.

BLRX has been undergoing consolidation and it appears to be ready to go higher

Technical Analysis:

BB and Keltner Channel Squeeze

Price and Volume Trend during consolidation


Positive Volume Index


Regression Slope


Rate of Change


Money Flow


Small Wave Count


Overall Chart (Weekly)




Overall Chart (Monthly)




Overall Chart (6hr/3hr)




See related idea for fundamental analysis

1 Eyl 2018

Not

SQUEEZE!

1 Eyl 2018

Not

Monthly Chart: SQUEEZE