The stock keeps moving upwards, despite worries over pricing in biotech.
Their overseas business has been carrying them.
Both the headlines and the technical patterns are supportive of downside, but the dip buyers held things steady, and are inching back in.
The refusal to gap down at the open was probably a short-term negative.
Currency manipulation, dumping and intellectual property are crucial themes for the meeting.
The stock could have a meaningful bounce in this downtrend, but it is unlikely to reverse things overnight.
It will probably take a close above $38 to turn the chart more bullish.
Support is likely to develop in the $38-$34 area.
Buyers of classic senior growth stocks have returned to their old flames.
Technical indicators suggest GSK can see further significant gains in 2017.

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