VVUS which has been a dead trade since the reject of their weight loss drug has suddenly perked up 8%. After 70 minutes of upward action  VVUS is holding steady in the high 5.40’s off the high of 5.65. May be too early for a short. Watch the next upward move, if there is one, that will give the sign of bias.

[wikichart align=”center” ticker=”VVUS” showannotations=”true” livequote=”true” startdate=”21-01-2010″ enddate=”21-07-2010″ width=”570″ height=”365″]

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