June 20, 2008
ANPI - Nasdaq. Angiotech Pharma Inc has formed a Head & Shoulders Bottom after a long down slide from highs near $30. OBV is beginning to turn around which suggests the stock is no longer being sold off. Again, I’d like to see a bit more volume on the breakout, perhaps 2m or more to confirm the validity of the pattern. There’s a big gap to fill around the 7.50 so could get interesting.
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