TimelessWealth.net: Chart technical breakout: La Jolla Pharmaceutical Company .

Technical Analysis of La Jolla Pharmaceutical Company in video format.
By: TimelessWealth.net
 
March 2, 2010 - PRLog -- La Jolla Pharmaceutical Company announced that its Special Meeting of Stockholders, which was initially convened on February 26, 2010, was adjourned to March 2, 2010 at 3:00 p.m., local time, at 4365 Executive Drive, Suite 300, San Diego, California. As described in the joint proxy statement/prospectus distributed to stockholders on or about February 12, 2010, the stockholders of La Jolla are being asked to vote on proposals related to its proposed merger with Adamis Pharmaceuticals Corporation .

A close above $0.14/share suggests a technical breakout occurred on Tuesday’s trading session. The price movement came on strength as above average volume frequented La Jolla’s market during the session. A double-bottom chart pattern has formed as a result of Monday’s price action.

TimelessWealth.net has published an educational video covering technical concepts to Jolla Pharmaceutical Company’s market: http://timelesswealth.net/ta/la-jolla-pharmaceutical-ljpc.html or

http://www.youtube.com/watch?v=QVIsNkS9TGc



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Source:TimelessWealth.net
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Tags:La Jolla, Ljpc, Nasdaq, Penny Stock, Pharmaceutical
Industry:Business, Financial, Medical
Location:Richmond Hill - Ontario - Canada
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