Bull Signal Says Buy This Biopharmaceutical Stock Now

Ardelyx Inc (NASDAQ:ARDX) stock was last seen 0.6% lower at $7.75, extending a pullback from its Feb. 12, nearly seven-year high of$10.13. The shares are down 16.3% so far this month and underperforming a 3% March gain for the broader market SPDR S&P 500 ETF Trust (SPY). However, this deficit may present the perfect buying opportunity if history is any indicator.ARDX just pulled back to a historically bullish trendline on the charts. According to data from Schaeffer's Senior Quantitative Analyst Rocky Whit ...