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Tuesday, September 21, 2010

VIVUS Inc. VVUS Stock Analysis 2010

By Tim - http://stockstobuy.org

The following is VIVUS Inc. (VVUS) stock technical analysis for September 21, 2010

VIVUS Inc. (VVUS) Support & Resistance Levels - 9/21/10

Resistance Levels: $7.00, $8.00, $8.89

Support Levels: $6.55, $6.17

VIVUS Inc. (VVUS) came out with some positive drug data this morning causing the stock to spike. VIVUS Inc. is trading near $7.00 this morning and I don't see any major resistance until $8 followed by $8.89. On the downside, it is possible that the stock will pullback and fill the gap located in the mid $6's. I'd be a seller if Vivus failed $6.50.

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