Chart of the Day: This Drug Developer Rallied and Now It’s Pulled Back


United Therapeutics spent more than a year consolidating around its 2015 highs. Now the biotech may be attempting a breakout.

Notice the surge to new all-time highs late last month. The rally followed news that the Food & Drug Administration approved its Tyvaso DPI hypertension drug for two applications. (There were worries of a narrower approval.)

UTHR paused for about three weeks and pulled back toward $215. That level is …

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United Therapeutics (UTHR), daily chart with selected patterns and indicators, courtesy of TradingView.
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