Anthera Pharmaceuticals (ANTH) Stock Chart Analysis Video

Anthera Pharmaceuticals Stock Chart Analysis Video

A look at Anthera Pharmaceuticals’ (NASDAQ: ANTH) 15-minute charts, combined with the daily charts, shows that the stock could be aligning for a “dead cat bounce.” Technical traders will be looking for a new support level to be established and any upward movement to meet resistance near $0.80, where the stock still has a short-term, open gap that is unfilled presently.

The stock has languished amidst poor news related to the biotech’s drugs in development in 2012, but is at lows which may attract bottom feeders and traders that like to play stocks in a free fall looking for a technical correction to the emotional trading that often accompanies this type of chart.

Anthera Pharmaceuticals (ANTH) Stock Quote and News:

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Anthera Pharmaceuticals Stock Chart Analysis Video

Anthera Pharmaceuticals (ANTH) Stock Quote and News:

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