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Biotech / Medical : Biotech & Pharma.T.A,

BIB 81.74

-4.1%

Feb 5 4:00 PM EST

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From: Jibacoa	7/22/2015 6:21:42 PM
	of 3722

MDGN was among the biotechs that traded up at double digits earlier today.<g> It traded up 10.99% at its intra-day H, but closed up only 8.45% as its June Hs was too much of a resistance to overcome. <g> The stock was under heavy selling pressure in the 2nd half of June and was now on the 4th week of trying to recover.<g> The stock has more than doubled from its Dec Ls and since it also has a good amount of resistance from its April Hs, it is probably better to start taking profits, since there are much better choices.<g> bigcharts.marketwatch.com Bernard

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