Regulus Therapeutics Rally Stalls Despite Positive RG-101 Results

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Regulus Therapeutics Inc RGLS shares are trading lower by $0.22 at $5.74 in Tuesday's session. After announcing positive top-line results for its Hepatitis C Virus C treatment, it appeared the issue was going into break-out mode.

Related Link: Regulus RG-101 Results 'Potentially Breakthrough,' Chardan Says; Target Raised To $20

However, off the open it found sellers in the same area it had in its last five sessions. After peaking between $6.02 and $6.25 in those sessions, it opened at its high print for the day, $6.10, and began to move sooth.

At this time, it's attempting to find support in the area of Monday's low ($5.64), with the current low standing at $5.62.

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