Aveo Chart Technicals

 

I see a strong chart set up from above. We see a nice continuation pattern, super strong accumulation and RSI, both showing a cup and handle type pattern.Therefore, my short term trade target opinion is $8.25

Aveo has an Adcom May 2nd, which I will go on the record and predict the result will be to recommend its drug for approval. Refer to my last email for DD and an article I wrote on it before at

http://seekingalpha.com/article/1022821-upcoming-catalyst-event-for-aveo-pharma-may-provoke-short-covering

 

 

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