ACHN is back on watch as a long idea to squeeze shorts in the biotech space.
As you can see on the daily chart, below, the stock is forming a tight consolidation pattern (light blue lines) within the context of an overall uptrend.
I am looking at a move over $13.60 to set the squeeze/breakout in motion.
On the short side, keep an eye on major casinos LVS WYNN for further weakness as a trigger.
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