Monday, March 06, 2006

Human Genome Sciences (HGSI) recovery

Human Genome Sciences (HGSI) has rallied from its fourth quarter '05 lows of $7.63 and is now trading near $14. Currently a Stock Trends Weak Bearish stock, HGSI has developed a strong enough intermediate trend to be on our stock watch. If it moves through resistance at $14, expect price momentum to carry the stock higher yet.
 
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