GW Pharmaceuticals Lower In Volatile Session

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GW Pharmaceuticals
GWPH
shares are trading lower by $0.50 at $89.98 in Tuesday's session. There is no particular news out on the issue to account for the large trading range ($87.55 to $95.48). Off the open, it pierced the trio if highs at the $91 area and quickly ran to $95.48 before sharply reversing course. That made a new high for the move as the former one was made on March 14 at $91.65, when the company released positive data on its most recent study of Epidiolex. The sharp reversal took the issue through Friday's low ($87.55), but did find support well ahead of its May 25 low ($85.51), only reaching $87.55 before rebounding back to the $90 area.
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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