Bridgewater, MA -- (SBWIRE) -- 03/18/2013 -- Oncothyreon Inc (USA) (NASDAQ:ONTY) has come up today on the StockConsultant stock screener for bottom breakout stocks.
Oncothyreon Inc (USA) (NASDAQ:ONTY) founded in 1985 is a clinical-stage biopharmaceutical company specializing on the development of therapeutic products for the treatment of cancer. ONTY over the past three months has been building a base between the 1.8 and 2.3 price levels.The stock in the last two weeks has shown very strong accumulation and is now nearing a breakout watch above the 2.41 price level.
ONTY breakout details:
BREAKOUT WATCH for possible breakout above 2.41, no resistance in area just above.
Type: True breakout from double resistance.
Target: 2.9, 30% Stop: 2.08, Loss: 6.7%, Profit/Loss ratio: 4.5 : 1 - Excellent
Full ONTY report with stock charts and analysis
StockConsultant.com provides automated stock consulting and advanced screener on over 6000 US equities. Each detailed stock report contains easy to use technical analysis indicators, charts, and news to fine tune stock entry and exit price levels.
StockConsultant.com and its employees are not registered investment advisors and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Please check with a registered investment advisor before making any investment decisions.
For our full disclaimer please visit: http://www.stockconsultant.com/disclaimerpage.html
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)