SGEN may be more likely to test a new 52 low in the coming weeks, keep an eye on insider sales as well as what the big holders are filing in the coming weeks: http://quotes.barrons.com/sgen/ownership http://www.insidercow.com/history/company.jsp?company=sgen&B1=Search! In many cases an FDA approval for a biotech stock can be a near term top in the stock.