Date updated:02-03-2009
Here are some charts of biotech stocks that investors should keep an eye on.

-
NPSP
Nps Pharmaceutica - $3.08
- -0.32%
- $3.08
NPS Pharma looks like its getting ready to break above a downtrend line which started in November. If this stock can take out $7 and $7.50 it could run up to $9. Considering the NPSP has now broken above both the 50-day and 200-day moving averages the odds are it will.

-
DNDN
Dendreon Corporat - $28.01
- -0.14%
- $28.51
Although not a pretty chart, shares of DNDN could be finding some long term support at around $3.50 a share. Make note that nothing about this chart is bullish. However, DNDN's previous pattern has been to rally from current price levels.

-
SIGA
Siga Technologies - $7.20
- +5.26%
- $6.82
SIGA Tech is in a very strong up trend. The stock could pullback from current levels, but its worth watching for a break above $4.70 a share. If that happens it could run back to $6 a share.

-
TCM
Tongjitang Ch Md - $4.041
- -1.44%
- $4.0999
Decent looking chart here with Tongitang Chinese Medicines. The stock is breaking above previous resistance at $3.30 a share on very heavy volume. Shares of TCM have also traded through the 50-day moving average which is a bullish sign.

-
CRIS
Curis - $2.26
- -1.31%
- $2.28
Watch for Curis to break above the 200-day moving average of $1.22 a share. If it takes that level out it could run significantly higher.

-
LJPC
La Jolla Pharmace - $0.067
- -4.29%
- $0.07
Awesome looking chart here. La Jolla has jumped above the 50-day moving average and the 200-day moving average on very heavy volume. Shares of LJPC look ready to run to $4 a share and its possible this stock is on its way back to $5.50 a share or even higher.
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