GBT – Global Blood Therapeutics, Inc

Last updated February 21, 2019

Bit of an ugly duck to Elliott wave count, but I think I made sense out of it: this ticker moves in ABCs. Not my favorites to trade, but that’s just me. A break out above $53 is needed to target $76, and would put price firmly in (blue) primary-C path targeting the 100 to 161.80% extension. A breakdown below $31 means GBT has already topped and is heading for the dumpster: below the ATL. Those are the two main price levels to watch.