Before the FDA BTD news the 50 day moving average had been acting as resistance, every time we butted up against it, down we went.  Then with the news we vaulted over the 50 and the new resistance point moved to the 100 day moving average, called perfectly by iconoclast after the news came out but before the market had even opened.

Now its looking like the 100 day MA is changing from being a resistance level to one of support, which imo is a very bullish signal.  The 100 is right now at $1.298.....if this is simply a pause in what I see as an overall uptrend then look for that 100 dma level to act as the floor.