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Today's Research on PDL BioPharma, Dendreon, Medivation, ACADIA Pharma, and Cell Therapeutics
Date:3/6/2013

LONDON, March 6, 2013 /PRNewswire/ --

On Tuesday, the markets retained their bullish mode as indices created yet another life-time high. The markets showed across the board improvement, and the Healthcare sector saw Johnson & Johnson creating a new all time high. The Dow Jones ended its latest session at 14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to close at 3,224.13. Similarly, S&P closed on a positive note at 1,539.79, up 0.96 percent. Our research team took a look at the Healthcare sector, focusing on the biotech Industry which includes major companies like PDL BioPharma Inc. (NASDAQ: PDLI), Dendreon Corporation (NASDAQ: DNDN), Medivation Inc. (NASDAQ: MDVN), ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) and Cell Therapeutics Inc. (NASDAQ: CTIC). StockCall professionals have completed their technical analysis on PDLI, DNDN, MDVN, ACAD and CTIC and these free reports are accessible by registering at

http://www.stockcall.com/research  

On top of ending its previous trading session flat, PDL BioPharma Inc. is still down 0.85 percent for the year. However, the stock has grown 6.16 percent in the past 52 weeks. PDLI closed flat at $6.98 on volume of 2.56 million shares on Tuesday. Its average trading volume stands at 2.01 million shares. PDL BioPharma's shares currently face resistance at around $7.04. The stock has support at around $6.89. It is currently trading above its 20-day, but below 50-day moving averages, which is a neutral signal. Sign up for the free technical research on PDLI at


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