$ANIP sees Go Trend Confirmation as price tries to break above pattern resistance and a gap down from March.
With the healthcare sector in a relative “Go” trend to the S&P 500 we see $ANIP enter a “Go” trend earlier in July and that trend has strengthened as the indicator paints bright blue “Go” bars. With GoNoGo Oscillator finding support at the zero line we see a new Go Trend Continuation Icon (green circle) under the most recent bar suggesting that momentum is resurgent in the direction of the “Go” trend. We will look for price to fill the gap and climb above $35.
