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Biotech / Medical : Spine-Tech (SPYN)

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To: .com who wrote (130)3/16/1997 7:10:00 PM
From: .com   of 242
 
Looks like SPYN may soon re-test 35. Read excerpt below from tomorrow's DAILY EQUITY & MARKET ANALYSIS from DORSEY, WRIGHT & ASSOCIATES, INC.--an excellent technical analysis firm (they do they TA for Bear Sterns).

[SPYN] SPINE TECHNOLOGY INC ($30.750) broke a double top at $31.00. Back up close to old chart highs of 35. Initial support lies at 25 and this breakout completes a bullish catapult formation. Ok to buy this one but would wait for a pullback to the 28 area to do so. Stop point is 24.
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