Respiratory Syncytial Virus

So this stock broke through multi month highs this am.
Volume yesterday and today improving.
I suspect many are watching the $6 level, perhaps short term traders could consider entry in a couple hours as this lulls back a few more pennies (5.91 as I write).
>25% profit since first post on this in August for anyone that held.
 
I like the short side above $5.8 at the UTL for retail shakeout.

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If we see price stabilizing above the UTL, then my previous hypothesis would be wrong, and the trend may start earlier than Febuary.
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Chart: Updated analysis.
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nursebee said:
please explain your analysis.
Chart looks like tight action for a move some way
I would agree that we can expect volatility in the next few days.

Analysis:
Upper red UTL, latent supply, Lower red UTL, active supply.
Lower blue LTL, latent demand, Upper blue UTL, active demand.

I would say active demand in this situation is being attracted due to the Ebola situation, while active supply is likely large holder profit taking from a previous up leg.
Breaking above or below the active TL would in my opinion signify beginning of a move, or a directional test, depending on volatility.​
 
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