The following is technical analysis on Complete Genomics, Inc. (GNOM) - February 14, 2012
Complete Genomics, Inc. (GNOM) Support & Resistance Levels - 2/14/12
Resistance Levels: $5.00, $5.42
Support Levels: $4.50, $4.38
Chart - http://www.stockcharts.com
Complete Genomics, Inc. (GNOM) stock soared after the company made a partnership with the Mayo Clinic. Complete Genomics, Inc. (GNOM) hit $5.42 on heavy volume and then dropped the rest of the day. GNOM will have resistance at $5 and $5.42. I would be a buyer on a break above $5.42. Complete Genomics, Inc. (GNOM) has about $2.25 per share in cash and revenues are expected to surge in 2012.
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