Daily view shows a huge sell off from the top of the candle may be a great opportunity to short considering the weird movement. Or it may be the basis for a new high.
The Klein law firm just announced a class action suit: Mallinckrodt Public Limited Company allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Acthar posed significant safety concerns that rendered it a non-viable treatment for ALS; (ii) accordingly, Mallinckrodt overstated the viability of Acthar as an ALS treatment;...
Resistance at around $7, but MACD signals suggest bullish trend. If price slips to $7.10 pattern should continue on an upward trend. I may be wrong however, since I do see some sell offs at the top of the daily candles the last 3 days.
