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Synta Pharmaceuticals Corp. (SNTA) Message Board

  • jfk123_1 jfk123_1 Sep 9, 2013 1:34 PM Flag

    Interesting action

    We have been building a base here to attempt to breach the upper resistance of the ascending triangle at 7.10. As I noted last week, we should test by tomorrow or Wednesday, especially given the presentation Wednesday afternoon. I wouldn't be surprised to see us close above 6.70 today and perhaps above 6.90 tomorrow. It is of course impossible to be able to predict with accuracy the day to day close of a stock, but I do feel we are being set up for an attempted breach of 7.10 on high volume of Wednesday.

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