Stock Trends followers will remember Resverlogix Corp. (TSX:RVX) as a Pick of the Week stock on November 23. It rallied that week on high volume, closing at $8.19. The biotech breakout was first revealed last autumn as a number of pharmaceutical stocks hit the Stock Trends alerts. RVX surged almost 15% today to close at $17.88.
Stock Trends Report:
http://www.stocktrends.ca/?symbol=RVX-T&page=streport&Go=Go
1 comment:
Apparently in anticipation of some business trade press coverage. Also lots of speculation about a buyout by a company like Pfizer (target: $40 plus!). Short term technical trend: $20-22. Worth watching..
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