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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Elllk who wrote (1673)2/12/1997 7:06:00 AM
From: TATRADER   of 4342
 
Larry, from doing a quick study on the volume chart, it appears we have about 400,000 more shares to plow through at this level.....If we have two more 200,000 share days, we should move to the 2.50-2.80 area by Thursday close or early Friday.....If the Fundamental news is good on Thursday and volume swells to a higher level, we will cut through these resistance areas more quickly as we head to the big $4.00.......Usually it takes three assaults to get through a resistance area...We are now on assault three, but still there are a lot of shares to plow through.....Regards, Mark
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