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Biotech / Medical : MDCO: Medicines Company
MDCO 84.900.0%Jan 6 4:00 PM EST

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To: Mike who wrote (87)6/12/2003 1:17:09 AM
From: Mike   of 125
 
MDCO has had a wild ride over the past couple of weeks. First we have to dicipher how much MDCO is being pulled up with the Biotech index. This index is up almost or is over 40% gain for the year. Many stocks get ahead of themselves in an enviorment like this.

Here are a couple sites that can be visited to look at the technicals on MDCO.

stockconsultant.com

I think we may have bottomed out on Tuesday during the day. We did not hold the previous resistance level of $22.90 but the trading pattern continues. If this happens I would guess that the $22.30 level will hold.

There is also another site that I visit which is below.

stockcharts.com

Almost no posters on this stock. Anyone out there?

Mike
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