Forbes -
5 Dec 2013 21:33
Geron Corporation (GERN) is edging higher, and was up 26 cents, or 4.7%, on 3.3 million shares on Wednesday. It has had 5 waves up, with the 5th being a spike-up and then pullback. It is in a bullish consolidation, and over the last 3 1/2 weeks it?s been consolidating to the point where several times the 5.85 level held it back. If it can take the ascending wedge out to the upside, look for a retest of the high near 7.75-8, and possibly as high as 8.50-9.
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