Man stared at BMRN bull pattern, ignored it

BioMarin stock tanks out of a bull pattern

I thought it was interesting that being the chart dork I am, I stared at the daily chart bull pattern of BMRN yesterday and thought about adding it due to the pattern breakout. Then I sat on my hands, and for the same reason I don’t short anything aggressively in this market (reason being that cash is paying out on a ‘no lose’ proposition at this time), did not add BMRN (which I had also been considering fundamentally).

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Gary

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