Pharma and Bio's

Posted by downtowntrader | 11/14/2005 01:16:00 AM | 0 comments »

These charts also look interesting.

SVA looks promising if it can halt the pullback. Watch for a higher high and a break of the trendline before entering. If it breaks out you can set a stop just below 50 sma.

MNTA is trading a very tight range which could result in failure or a nice move up. I'm considering snatching up a small amount of shares as pure speculation.

DNA is right at resistance. If it can break above 95, I will look for an entry on the first intraday pullback. Ideally, this will pullback to 91 before breaking out, but depending on overall markets, it could move tomorrow morning.

I found this name on one of the blogs i read tonight, and the chart looks interesting. Broke resistance and pulled back to the trendline. Looks like the reversal was confirmed and it has resumed uptrend.