Replies to post #2661 on Momenta Pharmaceuticals, Inc. (MNTA)

[DFRAI]

Tekcor - you certainly used "i believe" plenty of times

so i guess you are a "faith" person. You sure take a leap of faith - well more of a guess, based on anticipated events. Some people might even believe your "i believe", lol

[tekcor_atnm]

In addition, IMO, MNTA's technicals are in the best shape in 5 years and TEVA's technicals are in the worst shape in 12 years. In fact, TEVA's technicals are deteriorating to the point where I no longer think that TEVA is going to stay flat and that their PPS will be "gorilla glued" to the $50 level going forward. The technicals are starting to show signs that TEVA's PPS is getting ready to break down further.

Guess I was right about TEVA's technicals, TEVA down 8% pre-market.

[tekcor_atnm]

My prediction (#msg-62260667) of Copaxone related news sending TEVA to a major new low (in fact TEVA is at a 2-year low) was correct. The only part I didn't get right is that I thought it would be MNTA's news and not BIIB's.

Oh well, MNTA still trending up (long-term) and TEVA still trending down (short-term, intermediate-term, long-term) so my prediction is still possible in that MNTA's potential Copaxone related news can still send MNTA to multi-year highs and TEVA to multi-year lows (because TEVA is already hitting multi-year lows and will continue to do so IMO).

[tekcor_atnm]

MNTA: TA, Synchronized PPS movement between MNTA and TEVA continues

On April 20,2011, I posted a chart outlining the synchronized highs and lows between MNTA and TEVA (#msg-62260667). It appears that the synchronization continues with both stocks trending in opposite directions (see updated chart below).

This synchronized movement has been in place for almost 11 months (since mEnoxaparin approval July 2010).

TEVA is headed toward 52-week and multi-year lows -and- MNTA's $20.70 high on June 8 (after TEVA's 3rd CP denied by FDA) will be the 52-week high once the $26 spike in July 2010 rolls off of the chart unless it is eclipsed by a higher price .

Based on recent trends, I believe that an event might occur soon to cause MNTA to hit a major new high and TEVA to hit a major new low.

In addition, IMO, MNTA's technicals are in the best shape in 5 years and TEVA's technicals are in the worst shape in 12 years.

(As I stated in my 4/20/2011 posting) Regarding MNTA and TEVA synchronized PPS going forward, I believe that the synchronization between MNTA and TEVA has been setting up for years and will continue into the future until the war between them is over; one wins, they settle, or form some type of collaboration. My analysis of the technicals also support the notion of this synchronization continuing into the future.