EWTX hanging man + shooting star
Price has made some serious moves up but has formed two interesting candles just below a previous s/r area. The most recent candle is unfortunately not the greatest considering yesterday was a green day and formed a hammer but I still think EWTX is overextended. An insider has also just dumped a large amount of shares which further supports my bearish feelings.
What is absolutely not in my favor is the most recent news (yesterday) regarding the FDA fast track of one of their drugs as this may bring in some hype...
What is absolutely not in my favor is the most recent news (yesterday) regarding the FDA fast track of one of their drugs as this may bring in some hype...
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