Wedge
Relentless wedging lower with continued higher RSI/MACD(=+divs).
Either these + divs will eventually disappear with lower price lows concurrent with lower lows on these indicators
or
rally up & out of wedge imminent(timing uncertain)
This is why I like being a LT long. Incremental adding & we can afford to be wrong ST as long as we're right about LT outcomes: science,data,acquisition,commercialization,etc...
https://stockcharts.com/h-sc/ui?s=GLYC&p=D&yr=3&mn=0&dy=0&id=p07890672152&a=604978888