Home / MissionIR Articles / Savient Pharmaceuticals, Inc. (SVNT) Technical Analysis for Wednesday, June 6, 2012

Savient Pharmaceuticals, Inc. (SVNT) Technical Analysis for Wednesday, June 6, 2012

SVNT has a nice look for a classic bottom/bounce play. A deep PPO/ADX pinch is in position and the MACD just dropped a bullish cross, which could be signaling that the chart is ready for a technical correction after a steep fall in value.

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