What are you talking about? You think it's going to trade at 13.20? if you are talking about ticker: ALXN I say its stuck more in a trading range for now, with a bias heading lower, albeit slowly.
Nasdaq ticker ALXN (Alexion Phama) Title of post Shakeout Look at the symbol on a daily chart Good short setup? Yes Look at the symbol on a 15 minute chart See the base on 12/7/05 starting at 10:45 See the bar at 1:15 (actually 1:20 [13:20] "time not price" on 5 min chart ) This is a shakeout bar which took out all the stops and probably shook a lot of people out of their short position even from the day before. See what happened next? Straight down THAT is what I am stalking about Down 40% in 12 days, some range NN