NYMOX PHARM CORP
(NYMX-Nasdaq):
Technical Viewpoint: From a low
of $6.75 on May 5, 2011 prices
rallied, reaching a
high of $8.30
on May 19, 2011. A
decline saw prices pull back, reaching a
low of
$6.24 on Jun 21, 2011.
Another rally saw prices penetrate
resistance, closing 6/24/11
at $8.90. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 24, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $8.30. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 25, 2011. A P&F upside
reversal takes place at $8.00. Summary: Technical indicators have turned bullish. BUY! Nymox Pharm Corp
(NYMX-Nasdaq) @ $9.13 Stop: Use a protective stop of $8.25.
Nymox Pharm Corp is currently trading @ $8.90 plus $1.35 on Jun 24, 2011. Price Objective:
$15.75. Risk/Reward: $0.88 VS. $6.62. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$15.75
Risk/Reward:
$0.88 VS. $6.62
Risk/Reward Ratio:
8:1
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