Rick,
Interesting article:
iht.com
Also, if good news truly appears on wednesday that is big enough to cause this kind of advance run, there are a few we didn't discuss much. One, there could an unexpected increase in earnings for the qtr, such as from transcyte and dermagraft, and two, there could be some kind of announcement as to coverage being granted in the European countries where DG is available. So many possibilities, and still no definitive reason to say for sure any news will happen, except the fact that 1 month ago breaking 5 seemed very far away.
Interesting trading action today. Seems to have a new support point of 5 1/4 with resistance at 5 1/2, and again at possibly 6. Momentum seems to have paused for the moment, but yet 5 1/4 held strong today, so it will be interesting to see what happens tomorrow.
Happy Tuesday. |
