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Monday, November 21, 2011

Top Losers In The Healthcare Sector (HNSN) (SIGA) (GILD) (AVNR) (SNMX)

Hansen Medical, Inc. (NASDAQ: HNSN): fell by 11.37% or $-0.29/share to $2.26. In the past year, the shares have traded as low as $1.24 and as high as $5.28. On average, 1613920 shares of HNSN exchange hands on a given day and today's volume is recorded at 729629. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $3.26 area where the stock may encounter resistance.

SIGA Technologies, Inc. (NASDAQ: SIGA): fell by 10.91% or $-0.275/share to $2.24. In the past year, the shares have traded as low as $2.61 and as high as $15.66. On average, 890033 shares of SIGA exchange hands on a given day and today's volume is recorded at 626693. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $4.74 area but be careful because the stock may face selling pressure at this level.

Gilead Sciences, Inc. (NASDAQ: GILD): fell by 9.55% or $-3.81/share to $36.07. In the past year, the shares have traded as low as $35.26 and as high as $43.49. On average, 8446600 shares of GILD exchange hands on a given day and today's volume is recorded at 40519784. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $38.93 area but be careful because the stock may face selling pressure at this level.

AVANIR Pharmaceuticals (NASDAQ: AVNR): fell by 7.17% or $-0.18/share to $2.33. In the past year, the shares have traded as low as $1.31 and as high as $5.80. On average, 2127550 shares of AVNR exchange hands on a given day and today's volume is recorded at 1560764. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $2.83 area but be careful because the stock may face selling pressure at this level.

Senomyx Inc. (NASDAQ: SNMX): fell by 6.78% or $-0.27/share to $3.71. In the past year, the shares have traded as low as $3.35 and as high as $7.92. On average, 146819 shares of SNMX exchange hands on a given day and today's volume is recorded at 207583. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $3.89 area but be careful because the stock may face selling pressure at this level.