08:16 EDT OSI Pharma-OSIP: Moving up on ImClone
OSI Pharma's (OSIP) Tarceva is a competitor to ImClone's Erbitux. On news of BMY's offer to buy IMCL, the shares are up +3.08% in the early going. Resistance levels to watch as potential upside objectives are at $52.00, 52.95, $54.00, $54.98, $56.25, $57.13, $59.00. Support is at $50.94 based on current pre-market price. It would be bearish if this level were broken to the downside. :theflyonthewall.com
Boy that was a tough call to make. But if you want a free report on OSIP to make you courageous try this link:
http://www.reveredata.com/reports/store/freereport/mna/4366_7697
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