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I got a strange feeling about MGEN today!!
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[QUOTE]Originally posted by RCAnalyst2007: [QB] My theory is if company wants to announce a major product in June. They need to have stock ready for that timeline. Which means having great technicals by that time. So, what technicals they should expect; perhaps the most important for general investor is the GOLDEN CROSSING (50d-200d) crossing. So, to do that 50d average needs to start moving as soon as possible. For that stock needs to move over 200d average and stay there. Most companies go over 305d average to guarantee that. You can see that with DVFN for example. As far as stock technicals June is perfect time to announce major news and several good news before that. I'm not realy concerned that much where we go tomorrow.. All I know is where we heading in the longer term.. And If we go down a bit tomorrow that's only a buying opportunity for me. That's how I see it. [/QB][/QUOTE]
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