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


To: Jibacoa who wrote (2342)6/11/2010 1:32:14 PM
From: Jibacoa  Respond to of 3722
 
After apparently it found suport at the $15 level, AMLN is bouncing up for 2nd day on a roll.<g>

The stock is off from its intraday H of $16.97 as it is having some downticks as I am writing, but it is still up 7.54% on volume of 1.685M about 0.4x its ADV

The stock is trying to get above the resistance at the $17 level.<g>

bigcharts.marketwatch.com

AMLN's CEO will be presenting at the GS 31st Annual Global Healthcare Conference in L.A. on June 16.

AMLN has been able to trim some its losses in the last 4Qs in spite of lower revenues.

The ACTAY is $23.08
But if the stock can close above $17 it still has resistance at $18.20 & more importantly at the $20 level, before reaching that goal.<g>

bigcharts.marketwatch.com

Bernard