Four Horsemen Trading Weekly Watchlist pt. 5 $AUPH - PDUFA run up Float: 111 million Cash: 421 million Support: 14.25 or 14, Major support at 13 Resistance: 15.78 then 16.50 News - ER on Nov 10th, - U.S. Food & Drug Administration grants Priority Review for voclosporin and sets PDUFA date of January 22, 2021 - On July 27, 2020 the Company completed an underwritten public offering of 13.33 million Common Shares Thesis: Friday saw some big volume and breakout into the gap that was created by the July Offering. We want to look for support at prior resistance which is 14.25. Next resistance target is 15.78 Fib retrace and top of the Ichimoku Cloud. After that 16.5. PDUFA in January looking for the start of a run up. MACD about to crossover and RSI is at 52 which is a strong RSI sign. Trading idea brought to you by Four Horsemen Trading. Follow us and get our link to the free discord in our profile bio. Good Luck!
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