Dendreon Moving Higher (DNDN)

Shares of Dendreon Corporation

are higher today, gaining more than 2% on light volume. At last check, volume in the biotech was running about 30% lower than normal for this time of the trading session, so moves higher on particualrly light volume are easier to retrace for bears. This is something to keep an eye on over the next couple of weeks, as volume tends to be very light in the last couple weeks of the year. It's a 2011 story for sure. Dendreon Corporation, a biotechnology company, engages in the discovery, development, and commercialization of therapeutics to enhance cancer treatment options for patients.