THLD (Threshold Pharmaceuticals) Stock Chart

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So your question was

“I’ll appreciate your view and raccomandation on this stock. I guess the current gap approx near $8 could be close soon…..what about ?”

As you can see this stock has had a nice downtrend from $8 to about $4 in a month. It broke though support on 3 different occasions. The recent spike that we saw a few days ago in my opinion is the highest we are going to see this stock in a while unless some news comes out. It has been having a boring uptrend the last few months. I would stay away from this stock unless it can take out the 5.50 on strong volume. This company is losing $2 a share right now. They have no debt which is a good thing but this company is losing alot of money. It used to be a high flyer but so did alot of other stocks. I would stay away from this stock unless it takes out $5.50 on huge volume. There are many other good plays going on besides this one.