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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.76-2.1%Dec 30 4:00 PM EST

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From: MACD X1/22/2005 9:58:59 PM
   of 3722
 
DOW JONES BIO TECH LOOKING BULLISH TO ME

stockcharts.com[w,a]dacayyay[df][pb50!b200!f][vc60][iub14!la12,26,9!lc20][j40216599,y]&listNum=4

The chart is of Dow Jones Biotech which mean Value biotech not nasdaq related biotech,

The key to the chart is the golden crosses. The best buy on a golden cross is the first test of a moving average. We have major price support at the present price and will likely hold, If not then a test of the 200dma should be the next test. Either way bullish when the 50 is over the 200 is my take on this sector
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