Monday, November 18, 2013

Catalyst Pharmaceutical Partners Inc. (CPRX) Video Chart for Monday, November 18, 2013

CPRX formed a piercing line reversal pattern on Wednesday and Thursday that was confirmed with a sharp move upwards on Friday. Technical traders will be watching support around the 200-day moving average at $1.25 on any pullback, but for the time being, the chart looks to be reversing from a recent downtrend after hitting highs in October.

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