Hemispherx Biopharma, Inc. (HEB) Support & Resistance Levels - 9/28/09
Resistance Levels: $2.25, $2.54
Support Levels: $2.00, $1.86
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HEB stock continues to hover around the $2 level. The company expects the FDA to come out with a decision on their CFS drug sometime this fall.
Resistance is located around $2.24, if I see HEB close above $2.25, I will get back into the stock. This would be a huge trend reversal because HEB hasn't closed over $2.25 since July.
On the downside, pullbacks to $1.86 must continue to hold. For More Technical Analysis - Go Here
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