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Bullboard - Stock Discussion Forum Maxygen Inc MAXY

NDAQ:MAXY - Post Discussion

Maxygen Inc > Up 10 1/2%
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Post by pro_trader on Dec 04, 2008 11:19pm

Up 10 1/2%

Despite a market sell-off, shares of MAXY staged a serious rally to close up 10% and above its 200 day moving averages. This is the first time in several months it closed above this key average. Volume continues to be impressive and boththe stochastics and MACD have given bullish-crossover signals. Shares should be purchased on a any weakness with a retest of $6.00 likely.
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