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


To: Steve Lokness who wrote (1878)9/7/2007 4:24:11 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Steve,

DVAX Is up for the 3rd day on a roll in spite of the general market.

bigcharts.marketwatch.com

It seems to have good support at the $4 level & its nearest resistance is at the July 5 H of $5.19 before it can try to test its April 9 H at $5.81

It seems to be helped by announcement of the patent covering the its TLR9 agonists & the presentation by Dino, scheduled at Bear Stearns Annual Healthcare Conference in N.Y. on Monday.

It has 4 consecutive Qs of triple digit improvement on revenues & the loss was cut some on the last (2nd) Q.

Another one with 3 days of up-move in spite of the general market correction, is INGN, which today was able to close above the resistance of the double top (May 30-June 1)at the $4.75 level. It also has support at the $4 level & its resistance is now at the May 8 H of $5 before it can test the more important resistance from the April 25 H at $5.44 & the April 18 spike H at $6.35 <g>

bigcharts.marketwatch.com

But as I mentioned to Jason on comments on GILD, I still am on a "wait & see mode" on account of the general market, since I think is better not to get too enthusiastic on the buy while the general market remains unstable.

Message 23856970

Bernard