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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.200+99,900.0%Jun 17 12:34 PM EST

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To: gaddis who wrote (108)6/2/1997 7:44:00 PM
From: Wayners   of 572
 
Bascule,

I got those calls bought back late last week so I can/am fully participating in the upside movement. What I am looking for is for it to continue the upward trend it had prior to the big dip to $7.50. Stochastics and RSI both are allowing a much longer run than the $10.50 close we got today. That was not the case last time it went up to $10.00. The June 2nd prediction was almost all luck, but I have noticed in the past with other issues that a breakout frequently occurred on the first trading day of the month when there was scheduled news later in the month. That was the reason behind the prediction. The charts were also showing ABTI basing out and the bollinger bands had gotten very narrow, indicating a breakout soon enough.

Wayne
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