BLRX falling wedge: pending breakoutFollowing my previous idea on NASDAQ:BLRX we're now forming a wedge with a local bullish divergence. First target would be range high around $0.19. If we break it and retest that level, we can aim for a (partial) gap fill and a local bullish trend. First we need a break from the wedge.
To be continued, but remain of opinion that this is an area of good value, given its trading well below the latest funding round of $0.20 per share.
