Yes. MBP failed to make new lows when tested in mid-September, and has now closed above the upper bound trend line formed from late Feb and late Aug highs.
Also, we are not within six months of the results of MBPs major make-or-break announcement of phase 2-B trials. There will be a speculative run-up leading into March 2007. It's still too early for that to be taking off in earnest, but there are enough early birds to keep upward pressure on the price.
Yes. MBP failed to make new lows when tested in mid-September,...
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