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

BIB 84.13

-2.5%

Feb 10 4:00 PM EST

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From: Jibacoa	2/18/2016 12:58:05 PM
	of 3722

GLMD opened with an UG, was up 13.26% on low volume, and it is still up 9.09%.<g> The stock is trading above its EMA10 but found resistance a penny below its EMA20.<g> On Jan20 the stock was up >30% and Zacks made some comments on that spike.<g> GLMO announced on Dec1 that the FDA has cleared its IND application for the ARRIVE Study for the Reversal of HIV-Associated Lipodystrophy trial that will evaluate the safety and efficacy of Aramachol in up to 50 patients with HIV-associated lipodystrophy and nonalcoholic fatty liver disease.<g> finance.yahoo.com The stock is up 16.11% for the week and if it can close above its EMA20 on the daily chart, the next resistance would be its Feb8 H at 6.03 <g> stockcharts.com Bernard

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