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Biotech / Medical : IFLO is Breaking Out

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To: Jibacoa who wrote (768)1/19/2000 11:35:00 AM
From: James Strauss  Read Replies (1) of 1018
 
Bernard:

IFLO is up slightly on low volume...
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Note the 5 day MA is above the 13 day MA on the daily chart...

The 60 minute chart shows all indicators positive...
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Look for IFLO to punch through that 4.00 mini resistance barrier at any time... After that it won't look back... Why? Because there has been a lot of quiet accumulation over the past few months... The short termers are out and the investors are in... A very healthy position for the next intermediate upward price move...

Jim
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