Harry Boxer - December 4, 2013
We are going to go over some of the recent swing trades here. Geron Corporation (GERN) is edging higher, and was up 26 cents, or 4.7%, on 3.3 million shares on Wednesday. It has had 5 waves up, with the 5th being a spike-up pullback. It is in a bullish consolidation, and over the last 3 1/2 weeks it’s been consolidating to the point where several times 5.85-5.86 held it back. If it can take the ascending wedge out, look for a retest of the high near 7 3/4-8, and possibly as high as 8 1/2-9.