bluebird bio, Inc BLUE

ruben_rodrigues

I. Analysis 1. Stock has been trading in a shot term uptrend within the highlighted channel 2. Stock has now hit a value zone, the upper edge of the channel 3. A bearish engulfing pattern has been form at this area. This candle's size is abt 1.3 x 1 ATR, giving it relevance 4. Note that a short position is a countertrade play, meaning the trade management must be...