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Wednesday, 10/26/2011 5:03:03 AM

Wednesday, October 26, 2011 5:03:03 AM

Post# of 12660
DENDREON (NASDAQ:DNDN) Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, DNDN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending October 29th
-30 New 3 Month Low in October

+70 Total Score

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