Wednesday, October 03, 2007

Genzyme Pop

Genzyme (Ticker: GENZ) had a nice pop today with strong volume in a weak market. Goldman Sachs held a call with the CEO of Genzyme, Henri Termeer, and basically reiterated the company's long term growth rate of 18-20%. Goldman has a 12 month target price of $81.

Here's a look at the daily chart. This stock wants to break out so bad...


At October 05, 2007, Blogger said...

hello MT
I'm short IBB at $86, just on technical reasons
I found a huge signal, that tells you and your readers, when to Short sell IWM, and that in turn tells you when the market has topped,
So go to my blog and look at the RVX charts..


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