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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: I. Luttichuys who wrote (584)4/8/1997 11:00:00 AM
From: Roader   of 1762
 
Just looked at a 180 day chart. The chart looks beautiful. Idec tested the 19 low and bounced. The 50 day moving average is at 24. I recant my last statement of needing to close above $25. The number to close above is $24. Oddly enough there is a double top on the 180 chart of $26. Therefore after $24 we will see resistance at $26. Thats the technical scoop. Bye the way just a reminder, the options on Idec are about an uncharacteristic 1 - 2 hour adjusting delay to the price. Its a great opportunity to play these swings with teriffic leverage.

Roader
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