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Dendreon Corp. Message Board

  • thetechtraderca thetechtraderca Feb 7, 2013 8:16 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on Dendreon Corp. (DNDN) at TheTechTrader site noting:
    Dendreon Corp. (DNDN) had a pretty good day on Wednesday. The declining topsline, which was broken recently, wedged a couple times, broke out, pulled back sharply but held near support, and then rebounded just as sharply. It pulled back one more time in an orderly retracement in the last couple weeks, only to break out again on Wednesday, up 49 cents to 6.65, or 8%, on 13 million shares. It may very well test the 6.90 zone, and then 7.00-05. There is some resistance at 7.20, but just an outside chance it may reach that short-term.

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