Might as well look at the trading for this week, we dropped to the long-term uptrend line, tested it twice and bounced off the line in a bullish trading pattern:

http://www.zshare.net/image/6809962875b5...

We still have to clear the $ 13.50/shr resistance level but that should be easy to do next week. We then need to reclaim the 50 SMA at $ 13.83/shr and from there, we need to close above $ 15.00/shr in order to go to new nominal highs for this year. Shouldn't be any trouble at all doing this as long as the general market holds up. Everytime BVF touches the uptrend line, it make new highs in 2 to 3 weeks time so get ready!!!

TD Waterhouse came out with their report today and they are very bullish on Biovail after Q3 earnings results. Go figure! Credit Swisse was one of the largest sellers again today but buyers were everywhere this time.