This chart of CRME looks fairly good. It’s a bit messy , and that’s how it goes with pharma companies, but i do think there are some tasty nuggets hidden in here.
The RSI has been trending upwards since February and will probably come down a bit to tag the trend line.
Looking @ the chart itself there are a few pretty things here. Mainly the $10 mark. Lets start with 2 steps back and look @ the weekly chart. (I should have annotated a chart for the weekly, but unfortunately i did not.) The $10 mark is definitely a resistance level Continue reading CRME: Cardiome Pharma Corporation