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Breaking a short-term downtrend line. The technical indicator which shows strength is KD line, where %K line has just rose on top of %D line, indicating buy. However, the stock is still generally weak as MACD is still below zero but with a Bullish Divergence. The long term trend is still weak as the stock is still below 200-day MA with the moving average keeps falling. Shares of Dendreon Corporation (NASDAQ:DNDN) may expect now some resistance at $8 per share. The short … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards