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Biotech / Medical : CEPH

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To: tony ershadi who wrote (34)10/23/1996 1:53:00 PM
From: Stephanie Mocilan   of 998
 
You are right about the charts, as I chart reader stock is looking like it could go either way at this moment.

Hearing something coming out of the FDA in a few days. Source has been reliable in the past, but market not acting well clouds the technicals. Bloomberg money flow shows accumulation has been underway all through this topping formation. Without fundamental confirmation, stock goes lower.

It's a good call, but the market can cause some indigestion along the way.

Long CEPH
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