The charts below convince me to buy back:
For $DCTH above, do you see how the price action is now staying above both two support lines. There is still the catalyst of May FDA respond; so a possible rally still exists.
I like the fact that price action is getting back on top of the down trendline. Look like it is forming the 3rd wave up. Remember, the 3rd wave of the Elliott Wave Theory is usually the longest wave of the five waves…
My 2 cents.
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