PBTH formed a very short cup and handle pattern, but look at the price relative line, which has been rising since price hit a previous high about a month ago. This doesn't draw much volume, but was today's relative volume champ, and is increasing in average volume. These kinds of stocks frequently get more volume during market corrections, probably due to traders looking for something moving up, and the market leadership is not. If the market goes into another uptrend, this could collapse.
PBTH
Fundamentals:
Pipeline Covering An Existing $25 billion Market
Human growth hormone ($3 billion market, entering Phase II) that could potentially be injected twice per month instead of daily injections. Interferon beta for multiple sclerosis ($4.5 billion market) that may have dramatically lower side effects. Our CTP-enhanced therapeutic proteins pipeline has the potential to dominate a $25 billion market.
CTP -- Nature's Solution To Proteins' Longevity
CTP is a small peptide...