Recently, we spotted a sharp breakout in uniQure $QURE. Qure was consolidating around 5-6 earlier in the year, but jumped to 21.35 in October. This week, it has retreated a bit. Let's monitor this pull back.Qure Daily Chart(click to enlarge)Pullback:- As we can see, the drive up was sharp, so it is not surprise that the pullback is pretty sharp as well. - It's also no surprise because this is a small cap pharma.Support and Upside:- 15.00 is at the 38.2% fibonacci retracement level and appears to provide some support during the 10/26 session.- But I think there could be downside as low as 11, around the 61.8% fib retracement level.- The RSI should not break below 40. - Now, if price indeed finds support and rebounds, we might want to limit our upside at this point to a max of 19.50-20. - I think after this October pop, QURE will be in a period of consolidation. - In this scenario, it might be prudent to implement range trading strategy with a bullish bias. - This strategy would be to buy-on-a-dip and exit near 19.50-20, or at least scale out.