HEB Stock Technical Analysis

HEB Technical Analysis - The following is Hemispherx Biopharma, Inc. (HEB) stock technical analysis for October 9, 2009

Hemispherx Biopharma, Inc. (HEB) Support & Resistance Levels - 10/9/09

Resistance Levels: $2.24, $2.54

Support Levels: $2.00, $1.90

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Hemispherx Biopharma, Inc. (HEB) closed above the 10 day moving average on Thursday and looks poised to jump above the 50 day moving average today. The next resistance levels I would be watching out for are $2.24 & $2.54. If the stock can close over $2.54, I feel it could retest $3 per share. On the downside, support is located at $1.90. For More Technical Analysis - Go Here

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