Health & Fitness
Health and Fitness
Health and Fitness 
Thu, January 15, 2009
[ Thu, Jan 15th 2009
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[ Thu, Jan 15th 2009
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[ Thu, Jan 15th 2009
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[ Thu, Jan 15th 2009
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Wed, January 14, 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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[ Wed, Jan 14th 2009
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Schaeffer's Option Activity Alert: Bulls Bet on a Breakout for Dendreon Corporation
CINCINNATI--([ BUSINESS WIRE ])--Biotechnology stock Dendreon Corporation (NASDAQ: DNDN) has spent most of the past 12 months trading in a sideways channel between the 4 and 7 levels, but the equity's overall direction has been lower. The shares are down 31.5% during the past 52 weeks, and they have created a noticeable trend of lower highs during this time frame.
Meanwhile, the equity's few rally attempts have been rebuffed by its 20-week and 75-week moving averages. The former of these trendlines is dropping through the 5 region, which suggests the proverbial ceiling may be caving in on DNDN during the short term.
To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/option+activity+alert+bulls+bet+on+a+breakout+for+dendreon+corporation/observations.aspx?click=home&ID=90512 ]
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