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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Rick Buskey who wrote (6676)9/12/2000 11:44:25 AM
From: James Strauss  Read Replies (1) of 13094
 
BIOI...

Richard:

BIOI seems to be backing off near that 30.00 top...
siliconinvestor.com

The optimist would say that the drop today is on low volume... The chartist would say that volume drying up near a top means failure to break the top...

The weekly charts are positive... Support continues to be in the 22.00 to 25.00 range... The shorter term charts have positive moving averages... So, we have to see if the volume can pick up on the upticks for another run at 30.00...

Jim
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