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Galena Biopharma

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Market Cap: $45M

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.

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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.

Article printed from InvestorPlace Media,

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