VIVUS, Inc., a biopharmaceutical company, engages in developing and
commercializing therapies to address unmet needs in obesity, sleep
apnea, diabetes, and sexual health. The company offers Qsymia, a drug
for the treatment of obesity as an adjunct to a reduced-calorie diet and
increased physical activity for chronic weight management in adult
patients with an initial body mass index of 30 or greater, or 27 or
greater in the presence of at least one weight-related comorbidity, such
as hypertension, type 2 diabetes mellitus, or high cholesterol; and
STENDRA for the treatment of erectile dysfunction. It also completed
Phase II clinical studies of Qsymia for the treatment of obstructive
sleep apnea; and Qsymia for the treatment of type 2 diabetes. The
company has an agreement with Mitsubishi Tanabe Pharma Corporation for
the development and commercialization of avanafil, a PDE5 inhibitor
compound for the oral and local treatment of male and female sexual
dysfunction. VIVUS, Inc. was founded in 1991 and is headquartered in
Mountain View, California.
To analyze the company's stock for potential trading opportunities,
please take a look at the 1-year chart of VVUS (VIVUS, Inc.) below with
my added notations:
VVUS has been trending sideways for the last (8) months. As the stock
has bounced along, it has formed a couple of key price levels to watch.
The first is the strong $15 resistance level (red). The other is the
key level of $12 level (blue) that has acted as both support and
resistance and VVUS just recently bounced off of.
The Tale of the Tape: VVUS appears to be on its way
back up to $15. A long position could be entered at the $12 support or
on a break above the $15 resistance, with a stop placed below the level
of entry. A short play could be made on a break below $12 or on a rally
back up to $15.
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