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Biodel Stock Chart Video Analysis

Biodel (BIOD)

The Biodel Inc. (NASDAQ:BIOD) chart is holding a solid base that is turning into a rounded bottom. The pps is moving past a resistance at 65 cents and looking to breakout to possibly test old highs at 85 cents with a clear shot to $1 should that level fall.

Biodel Inc. is a specialty biopharmaceutical company focused on the development and commercialization of innovative treatments for diabetes that may be safer, more effective and more convenient for patients. We develop our product candidates by applying our proprietary formulation technologies to existing drugs in order to improve their therapeutic profiles. For further information regarding Biodel, please visit the company’s website at www.biodel.com.



Biodel (BIOD) Stock Quote and News:







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