AVNC - Breakout !!
Tuesday, May 22, 2007
Chart courtesy of stockcharts

AVNC shares were up today more than 13% after company announced that the Food and Drug Administration will review its marketing application for a type of antibiotic to treat strep throat. Stock closed at 3.10$ with a huge amount of shares traded. Stock breakout today an important resistance at 2.80$ , next resistance is now at 3.56$. In addition MACD back above 0 and k line croosover D line.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 3:05 PM | Permalink


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