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| Synergy Pharmaceuticals Inc. |
After bottoming out with an undersized double bottom price has managed to find it's legs and put on a superb performance in the past six months however momentum has slowed down in recent weeks as price begins to meet resistance at just under $6.
Although the degree of optimism may have tapered off following this there is still hope of an upside breakout occurring with evidence of a large cup and handle formation in place readying itself.
The stochastic is lying in the overbought region but it doesn't put any stop to the ambitions of the bulls besides price resistance.
Given the fact that price has fallen dramatically long term investors will be eager to see their breakeven marks being returned.
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