Uptrend Call Working As Halozyme Therapeutics Stock Rises 19.6% (HALO)

Jan 29, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Halozyme Therapeutics (NASDAQ:HALO) on December 21st, 2012 at $6.70. In approximately 1 month, Halozyme Therapeutics has returned 19.63% as of today's recent price of $8.02.

Halozyme Therapeutics share prices have moved between a 52-week high of $13.50 and a 52-week low of $3.86 and are now trading 108% above that low price at $8.02 per share. The 200-day and 50-day moving averages have moved 0.74% lower and 3.07% higher over the past week, respectively.

Halozyme Therapeutics, Inc. develops and commercializes recombinant human enzymes for the infertility, ophthalmology, and oncology communities. The Company's product portfolio is based on intellectual property covering the family of human enzymes known as hyaluronidases. Halozyme's products offer an alternative to slaughterhouse-derived extracts that carry contamination risks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Halozyme Therapeutics shares.Log in and add Halozyme Therapeutics (HALO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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