SQNM is moving up today on news that they have a more reliable test for cervical cancer than a PAP smear (which is the current test used for cervical cancer). The stock is up $0.67 (14.3%).
The good news is that we do own this one. We bought it a couple of months ago when is got slammed down from about $15 to about $4 a share. We have been patiently holding it as it built a base. If the stock can maintain this level, it would be an upside breakout. There is no resistence visible on the chart until you get to about $12 (the stock is currently at $5.33).
Thursday, July 23, 2009
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