Nanotech Updates

The Merrill Lynch Nanotech Index is looking very good in technical terms.
This recent uptrend is testing the 195 point resistance, but even if it breaks it we still have to break that 200 point barrier.


NVAX and FLML look like their turning around to an uptrend again.
ACCL is doing new highs but with constant volume.
Remember that I always look to these smallcaps for longterm gains and not short term trades.

3M is doing a good bullish rally but it still needs to pass that $28 resistance line. For the long term this stock is looking better now that it is above the 200 day moving average:


Remember that 3M is one of the biggest companies doing research on nanotechnology.


Some nanotech market related news:

3M MAKES A $40 MILLION SHANGHAI BET

NANOSYS RAISES $40 MILLION FINANCING

Scientific related news:
Microscope tracks proteins with atomic precision