BIIB is climbing after bouncing off a VWAP cluster (yellow and green zones) and reclaiming key levels. Price held support near $125 and is now pushing toward the upper range near $134.
Volume is slightly above average (1.23M vs. 1.21M MA), and price structure looks constructive with a clean higher low in place. The red VWAP still acts as overhead resistance, but if cleared, a move toward $136–138 could follow.
Indicators used:
Anchored VWAPs (support confluence and resistance setup)
Volume and Volume MA
Trend structure (higher low + bullish follow-through)
Entry idea: Above $133 or on dip to $130
Target: $136–138
Stop: Below $127 or VWAP cluster
Volume is slightly above average (1.23M vs. 1.21M MA), and price structure looks constructive with a clean higher low in place. The red VWAP still acts as overhead resistance, but if cleared, a move toward $136–138 could follow.
Indicators used:
Anchored VWAPs (support confluence and resistance setup)
Volume and Volume MA
Trend structure (higher low + bullish follow-through)
Entry idea: Above $133 or on dip to $130
Target: $136–138
Stop: Below $127 or VWAP cluster
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