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Stock impact report

Akcea Therapeutics: How To Profit On The Waylivra CRL? [Seeking Alpha]

AKCEA THERAPEUTICS (AKCA) 
Last akcea therapeutics earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
Summary Always take the high road, it's far less crowded. - Charlie Munger Akcea Therapeutics (NASDAQ: AKCA ) is an RNA therapeutic innovator that has multiple powerful catalysts. The company recently gained an EU approval of its lead molecule (Tegsedi) only to witness a negative regulatory binary event later. A brief look at the long-term chart showed that the stock has many peaks and troughs. Nevertheless, the overall trend is northbound. In the past 52 weeks, the stock added $13.04 to currently exchanging hands at $33.12 for over 66.5% profits. The uptrend is reflective of the strong underlying fundamentals powering Akcea. Figure 1a: Akcea long-term chart (Source: Finviz ) An assessment of the short-term chart that is powered by the intelligence of Goruupro (a novel school of technical analysis founded by Keith Cwiok) indicated a bearish pattern in the immediate term. The immediate downtrend correlated with the negative regulatory binary for Show less Read more
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