Tuesday, April 19, 2011

Hansen Medical, Inc. (HNSN)

Hansen medical, Inc is a producer of medical robots to aid in the treatment of patients with catheters.  For the past couple of weeks this stock has wanted to break through the upper resistance of $3.  Well today it did just that,  reaching a high of $3.39 before retracing down to the 200 EMA around $3.18, were it sits currently.  I think if this one can close today over $3, it could be the start of a nice uptrend.  I have my eye on the $5 level if it does.  This stock traded at $35 in 2007.

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