Tuesday, July 13, 2010 7:58:57 PM
Published on 07/13/2010 by Leo Goldman
Shares of ANX touched the 50-day moving average from below but failed to traverse above the widely watched resistance line of $2.00. If the stock stays below the critical 50-day moving average, then investors may continue to sell the shares in anticipation of a downward price move.
Shares of Adventrx Pharmaceuticals closed at $1.78 in the previous trading session and opened today at $1.75. ANX is currently trading at $1.98, up $0.20 (+11.24%) in today's trading session. The shares of the stock are trading between $1.75 and $2.04. Today's price shift was accompanied by a volume of 689,557 shares which is greater than the average volume of 574,644 shares.
(we will move above $2 hard tomorow.. )
becourse there was no resisance at 2 we were already on 2.04 ADVENTRX Pharmaceuticals, Inc. (AMEX: ANX)After Hours: 2.00 +0.02 (+1.00%) 6:31PM EDT
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