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Stock Market & Financial Investment News

News Breaks
February 8, 2013
14:57 EDTDNDNDendreon breaks out, fills prior bearish gap, levels to watch
Shares are up over 10% at time of writing, pushing well above the 10-day moving average. While the prior bearish gap from the summer was filled more than two weeks ago, the recent decline called the bullishness of that move into question. At the current price of $7.12, next resistance is at $7.20, the pivot high before the gap happened. Support is at $6.89, a prior pivot in the recent trading range of the last few weeks.
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