Wednesday, August 27, 2008

AMGN ready for breakout?

HGR - announced it would sell 13.6M additional shares. Price has stabilized lower around 16. Interesting to see where the Friday price will be.

AMGN - the FDA has finally approved its blood disorder drug Nplate. The price is in a tight oscillation around 64, Bollinger bands have gotten really narrow. Ready for a breakout?
Changing buy trigger to 65.2 .

MITI - coming down to Earth, consolidating around 6.3 . Buy trigger lowered to 6.9 .

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