FXHighway
Short

Biodel stops the bullish correction

NASDAQ:BIOD   BIODEL INC
58 0 1
The bullish correction trip stopped at 38.2% Fibonacci level recently ,, and the price broke the ascending channel's support line, to open the way for more bearish actions, and the main target is visiting the previously recorded bottom at 2.01.

Breaching above 3.14 then 3.56 will provide good key to regain the correctional bias again.
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