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To: The Ox who wrote (3472)	6/17/2014 11:35:33 AM
From: The Ox	Read Replies (1) \| Respond to of 8239

AVEO hit $1.60 earlier today...beautiful breakout. Probably not worth chasing here after the 60% bounce off the low but for anyone paying attention a week ago, there was a very nice trade possible. As you can see in the charts at the linked post, it's hit the top of the downtrend channel. Could very well go up more but this is a point where it could just as easily turn back down..... $1.60 was the consolidation area a few months ago, so plenty of overhead resistance in this range.