IDIX broke resistance of a two month base today on higher volume. If it can hold $10.00 support on a closing basis, it will be well positioned to move much higher in the near-term. I like the way the ADX is setting up and I'm adding it to my watch list.
Tuesday, July 11, 2006
Bottom Fishing - Idenix Pharmaceuticals Inc. NASDAQ (IDIX)
IDIX broke resistance of a two month base today on higher volume. If it can hold $10.00 support on a closing basis, it will be well positioned to move much higher in the near-term. I like the way the ADX is setting up and I'm adding it to my watch list.
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3 comments:
Another potential bottom fishing candidate is GNSS. No position but think there's some good upside there.
Hi Jamie,
What are your thoughts on RIMM? It seems to have formed a bullish hammer today.
Thanks,
AJ.
Hi AJ,
I've posted the chart in response to your question.
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