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Stock Research for Breakout trading

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SALIX PHARMACEUTICALS INC COM support | resistance | research

Stock : SLXP |   Stock Recommendations : Buy
Sector : Biotechnology & Drugs |   First resistance : 10.28
Stock Name : SALIX PHARMACEUTICALS INC COM |   Second resistance : 11.84
Buy Near : 9.00 |   Third resistance : 14.26
StopLoss : 6.97 |   First Support : 8.90
Posted date : 11/2/2008 12:00:00 AM |   Second Support : 7.56


Salix Pharmaceuticals, Ltd. com (SLXP) Stock given a nice breakout on 10/31/08 with good volume again many technical indicators also have given a buy signal, with rising moving average. Stockhastic and ADX also given a buy signal.

    Salix Pharmaceuticals, Ltd. com (SLXP) announced on 10/31/08 that the U.S. Food and Drug Administration (FDA) has granted marketing approval for APRISO and APRISO is the first and only mesa amine product approved by the FDA for the maintenance of remission of ulcerative colitis. Salix Pharmaceuticals, Ltd. com (SLXP) is a develops and markets prescription pharmaceutical products for the treatment of gastrointestinal diseases its quarterly result due on November 5, 2008. As per technical analysis, Stock analysis and fundamentally this Stock looks good candidate for portfolio investment. Salix Pharmaceuticals, Ltd. com (SLXP) Stock you can consider for Stock Market Investment, Swing Trading, Stock trading, Stock Investing, Day trading, Stock picks, Breakout Stocks. Due to Stock market and economic condition keep tight stop loss on all position. You can buy this Stock near $9.10



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