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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: zeta1961 who wrote (812)2/14/2005 4:32:59 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
INGN Since the present near term uptrend started after the Jan.21-Jan.24 double bottom at the 6.50 level, the stock has continued to move up on a relatively low volume and today it was able to close only a penny below its intra-day H of 8.24 In so doing, it was able to close above its Jan.4 H of 8.24 and the next resistance is now the Jan.3 H at 8.51 <g>

Of course it still has to deal with the Dec.23 H at 9.26 before it can test the Dec.9 H at 9.81 (Both of those Hs were made on expanding volume. Dec.9 was the day of the last up-gap and the volume of 7,527,939 )

bigcharts.marketwatch.com

bigcharts.marketwatch.com

Dec.9 was when it reported the results on Advexin on breast Ca patients, which showed a >50% reduction in tumor size in all of the patients, and that complete tumor removal by subsequent surgery was achieved in 100% of the patients.

Those results were better than what would be expected from neoadjuvant chemotherapy treatment alone and there was some evidence of activation of a local immune response at the site of the tumor, since treated tumors were infiltrated with lymphocytes and that could be a sign that this "surgical pre-treatment" may be useful not only in controlling local disease, but in avoiding future metastases as well.<g>

Bernard