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Synta Pharmaceuticals Corp. (SNTA) Message Board

  • jfk123_1 jfk123_1 Sep 23, 2013 10:52 AM Flag

    Bids stacking up, ask is thinning through to 7.50. A move through 7.10 resistance imminent. EOM


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    • My recommendation: I would refrain on making price predictions ...its just going to hurt your credibility (nobody knows where the market is going to go at any given time).

      • 1 Reply to snt951
      • A) I don't want your recommendation. B) I am not concerned with my credibility here. C) It is not a "price prediction" where the market is "going at any given time", D) My post simply reflects my reading of the technical setup. Just as when the shares were trading at 5.72. The call stands, the setup is for an imminent break through to the upside past 7.10. Whether that be in 10 minutes or a half hour, or tomorrow or the next day, the technical and the order book are showing that. And people will come up with all kinds of reasons (you included most likely), but it would have been callable some time before - if one can read the technical and knows how they merge with the fundamental trend.

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