San Diego, CA 10/15/2009 8:45:35 PM
Technical Review of KKD, THLD, CXM Posted
Cardium Therapeutics, Krispy Kreme Doughnuts, and Threshold Pharmaceuticals are considered from a charting point of view.
Charts of Threshold Pharmaceuticals Inc. (THLD), Cardium Therapeutics Inc. (CXM), and Krispy Kreme Doughnuts Inc. (KKD) have been examined from a technical standpoint by analysts at the Small Cap Network. The trading outlooks project where each of the stocks is apparently headed next.
Cardium Therapeutics had been examined by the site before, but was brought up again as the downtrend highlighted with the last look had been resumed after Wednesday's tumble. The forecast suggests that a return to the January low around $0.50 isn't out of the question for Cardium Therapeutics shares; there really aren't very many other support levels to be found.
Threshold Pharmaceuticals Inc. (THLD) has formed a significant reversal pattern over the last three days that is is not likely to be unwound before the stock is sent much lower. Fibonacci analysis and a rising support line hint that the $1.69 level may be met before any rebound effort is mustered.
Though not readily apparent on a daily chart, a longer-term weekly chart of Krispy Kreme Doughnuts Inc. (KKD)indicates that resistance line extending back to 2007 has finally been broken. As such, a breakout move may well be in place.
Investors can review the entire discussion and see the charts of Cardium Therapeutics, Krispy Kreme Doughnuts, and Threshold Pharmaceuticals by visiting: http://www.smallcapnetwork.com/s/.
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