AUPH trade ideas
AUPH forming strong cup and handle with a hammerAUPH has great science, the only trouble that they had were deaths that were determined not to be caused by the drug. They are treating lupus, deaths are going to happen. Whether you are long or short on it, it has been set-up for a great day for Tuesday. News was announced Monday that they have been selected to present at two different medical conferences. Their results have been good, and things are looking good for their drug.
AUPH could breakout and squeeze the shortsAUPH has hit the 3.70 top several, but has been forming higher lows. If it breaks through the 3.70 area all of the people who thought this had to go down (shorts) will cover in panic to force this stock higher. Which is also known as a squeeze, when the shorts panic cover to send it higher.