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Reaching a high of $2.96 today, MVIS is looking ready to tackle the $3m mark.
Chart Link: http://bluehorseshoealerts.us2.list-manage2.com/track/clicku=4e9487a5ca2f7f07a13d9fc2d&id=f9e2aaaa51&ec1d440fb 3898316 SNTA – Synta Pharmaceuticals Cancer therapy potential triggers a rally for SNTA. Recently the 13 day moving average crossed the 20 day moving average and is now set to cross the 50 day moving average, bullish signs in our opinion. Look for a possible pullback entry point in the morning, but dont be surprised if we see this move over $5 with little or no pullback.
Chart Link: http://bluehorseshoealerts.us2.list-manage1.com/track/clicku=4e9487a5ca2f7f07a13d9fc2d&id34e73184&ec1d440fb 3898316 ARNA – Arena Pharmaceuticals June 27th, mark your calendars, is the FDA date for a thumbs up or thumbs down, although usually the decision goes in line with the panel recommendations, which as we know, was to approve it. Although some analysts believe the stock price already accounts for an FDA approval, and they may be right, it doesn`t mean the stock is going to stay quiet till then. We have already seen a pullback and 2nd rally start up on ARNA. Keep a close eye on the $7.01 recent high, we are very close to it, and could see another rally.
Chart Link: http://bluehorseshoealerts.us2.list-manage.com/track/clicku=4e9487a5ca2f7f07a13d9fc2d&id=bed7ca00d6&ec1d440fb 3898316 XNPT – XenoPort We continue to see some tight trading on XNPT with the possibility of a dip entry if the 13 day moving average support line doesn`t hold. Keep watch for news as that could be the catalyst to break this channel.
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