4 Stocks to Watch on Dendreon Earnings

Other smaller companies could move right along with DNDN

Feb 24, 2012, 9:50 am EDT | By Serge Berger, Head Trader & Strategist, The Steady Trader

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Galena Biopharma

Description from Yahoo! Finance

Galena Biopharma (NASDAQ:GALE), a biotechnology company, engages in discovering, developing and commercializing innovative therapies addressing unmet medical needs using targeted bio therapeutics. The company is pursuing the development of cancer therapeutics using peptide-based immunotherapeutics, including its main product candidate, NeuVax (E75) for the treatment of various cancers.

Click to Enlarge Technical Analysis

The stock is making a series of higher highs and higher lows and currently is forming a bull flag that should resolve to the upside on a trade through $1.15.

As of this writing, Serge Berger did not hold a position in any of the aforementioned securities.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/02/4-stocks-to-watch-on-dendreon-earnings-dndn-imuc-agen-cldx-gale/.