BioMarin Pharmaceutical
Tuesday, October 30, 2007
Here is a stock that you should pay attention BMRN " BioMarin Pharmaceutical". Over the last two months this stock has had a strong up movement followed by volume; it came from $18 to $28 in just few weeks. Today can be a key session for stock again for a new leg up, yesterday MACD k line crossover D line indicating that a new uptrend is near and a breakout over $28 can be done sooner than we think, so keep an eye on this baby for a possible breakout. Resistance is at $28 and Support is at $25. Please consider also that stock is presently in overbought conditions.
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.
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.
Labels: BMRN
