mickeymfa

$KALA possible Cup & Handle BO

Long
mickeymfa Aggiornato   
NASDAQ:KALA   KALA BIO, Inc.
KALA

KALA PHARMACEUTICALS INC $KALA is forming a CUP & Handle formation with a leading BO on the OBV index. The stock had also a lot of insider buying power and positive news with their EYSUVIS (a dry eye disease)
Commento:
We had our Weekly BO on good volume and are now at a resistance area 9.11
Commento:
KALA broke the 10$ The chart is showing overlapping staircases with a lot of thrust patterns with the volume to confirm. On this weekly chart you can see a 2x BO of 2 Cup & Handles pattern again with the volume with confirmation.
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