Mersana Therapeutics continues to free fall.
The "NoGo" trend has been uninterrupted for several months as lower lows are made. Generally speaking, through this trend the GoNoGo Oscillator has been held below zero and any attempts to move into positive territory have been brief. Currently, we are seeing another low risk "NoGo" trend continuation red circle as the GoNoGo Chart suggests prices may move down again. The GoNoGo Oscillator seemingly has been rejected by the zero line once more. We will look to see if price can make another lower low.