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Re: cheynew post# 80133

Thursday, 05/17/2012 9:55:48 AM

Thursday, May 17, 2012 9:55:48 AM

Post# of 346136
Absent of news and with low volume...there's no way to tell what's going to happen here. Either we go back down to make a double bottom in the low .40's, or we manage to breakout. So many short term resistances - the 50MA at .51 and upper BB on the daily chart at .53. The 10MA on the weekly at .49. Sure looks like we're going to reverse lower here. Small bios taking it on the chin this morning on the post-ASCO abstract release sell. PPHM having no abstracts doesn't help. No news, just swingng in the wind.
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