Went back into Genzyme again @ 48.35 after noticing it hold nicely above the $47.65 support. Although the support cannot be seen in the daily, it can be seen in the weekly charts dating back to 2004.
Hopefully this level will hold now even though Goldman Sachs initiated a downgrade today. No real target price just yet, will wait for how the stock reacts at the $50.18 level. Stop loss placed @ $47.50
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