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To: Dutch who wrote (31794)	9/5/2000 11:00:42 AM
From: Jim Willie CB	Read Replies (1) of 35685

rough TA on IDBE (ID Biomedical): nice little uptrend developing with a channel perhaps lower boundary trendline evident from June low 3.5, Aug low 5.5 now a parallel upper boundary might be holding it back at 8 the July high of 7 gave way to a breakout in last two weeks a momentum swing might be underway with a ceiling at 7 the down impulse was to 5.5, so look to 8.5 target that 8.5 level is the springtime high, which should resist with former ceiling of 7, now look for support at 7 here also the 18day MA at 7 should support some if not, then support at 6.5 relative strength was improving in the last couple weeks daily stochastx might be on verge of a downcycle here fwiw, Jim

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