Stock Chart Analysis VNDA

Posted by downtowntrader | 6/03/2007 10:16:00 PM | 2 comments »

Stock Chart Analysis VNDA

Vanda Pharmaceuticals Inc. (Public, NASDAQ:VNDA)

I've highlighted VNDA a few times before this and it continues to setup for a bullish breakout. I have to be honest though, I really hate the way this stock trades. But, I keep showing it because this could really give a nice payout whenever it decides to get going. There is also a very clear line in the sand here if bears are going to attempt to push it lower. Should be an interesting week for VNDA.

Good Trading,


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  1. Kenny // 12:21 AM  

    Very good one identified that is about to change the trend here. Timing is right and I'm just a new follower of you DowntownTrader. Good luck and thank you for having such a wonderful blog.


  2. downtowntrader // 8:52 AM  

    Thanks for the comment Kenny. VNDA has started to move out and it looks like a bottom may be in. Hope you enjoy the blog.