re: anp
I'm not a tech analysis, but based on simple trend line, this stock has broken out of its channel.
Today's volume confirm this breakout. I believe that some tech trader saw this signal and bought in as well.
ANP should be well positioned in 2007.
As I've said, 2007 = year of biotech, well into 2008 and 2009. There is a shift as ppl bail out of resource stocks due to volatility and current correction.
Recently movement in a number of these biotech stocks suggest institution have been buying some quality company since the past 2 months.
When ANP breaks out of 10c, it should hold well in my opinion.
ANP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
