Collegium Pharma (COLL) is pressing two year highs after IPO'ing three years ago. The stock has built a nice base and looks like it is ready to turn higher.
While this stock has come a long way since November, the current level suggests a major change in trend for the stock. A break above $21 would indicate a stronger stock breaking above resistance. If the stock can't hold above above $19, it would mark more consolidation.
Greg Schnell, CMT, MFTA