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IMGN - ImmunoGen, Inc.

Setup - simple base breakout after a solid 70% move off the lows followed by 5 weeks of consolidation. Earnings during consolidation were below expectation. However, after a slight selloff, shares were gobbled back up and volatility was squeezed out right below the breakout level. Half size because the broad market is running a bit hot and could be due for a pullback relatively soon.
BASEbasebreakoutbiotechbreakoutEarningsGrowthgrowthstockspatternStocksTrend AnalysisXBI

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