Discovery Laboratories DSCO Stock Analysis November 2009

The following is technical analysis on Discovery Laboratories Inc. (DSCO) for November 2, 2009.

Discovery Laboratories Inc. (DSCO) Support & Resistance Levels - 11/2/09

Resistance Levels - $0.97, $1.00, $1.02. $1.05, $1.20

Support Levels - $0.85, $0.78, $0.65

Chart - http://stockcharts.com/

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Discovery Laboratories Inc. (DSCO) continues the oversold bounce which started two trading sessions ago. The stock will now be facing some major resistance located between $0.97 - $1.05. A close above $1.05 would be very bullish. Support is now located at $0.85, I would be a seller below $0.85. For More Technical Analysis - Go Here

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Discovery Laboratories DSCO Stock Analysis October 2009

The following is technical analysis on Discovery Laboratories Inc. (DSCO) for October 5, 2009.

Discovery Laboratories Inc. (DSCO) Support & Resistance Levels - 10/5/09

Resistance Levels - $1.10, $1.20. $1.40

Support Levels - $0.99, $0.68

Chart - http://stockcharts.com/

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Discovery Laboratories Inc. (DSCO) is back below $1.10. The next major support level that must hold is $0.99 followed by $0.90. A close below $0.90 would set up a retest of the 50 day moving average. I will buy DSCO again when the stock trades back above $1.20.

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Discovery Laboratories DSCO Stock Analysis - 9/11/09

The following is technical analysis on Discovery Laboratories Inc. (DSCO) for September 11, 2009.

Discovery Laboratories Inc. (DSCO) Support & Resistance Levels - 9/11/09

Resistance Levels - $0.75, $1.10

Support Levels - $0.60

Chart - http://stockcharts.com

Discuss Stocks - http://stockstobuy.org

Discovery Laboratories Inc. (DSCO) closed at $0.71 Up 47% in afterhours on the FDA news. DSCO will be one of the hottest stocks on Friday with large volume. I am watching for a break above $0.75 which would be very bullish. After $0.75, the next major resistance level would be $0.99 which is the 200 day moving average. I would also buy a pullback to $0.60 for a trade.

Discovery Labs and FDA to Meet On September 29, 2009 to Discuss Potential Path for SURFAXIN Approval

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