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Biotech / Medical : Biotech Valuation
CRSP 49.30-2.8%3:59 PM EST

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To: Jibacoa who wrote (2551)1/29/2001 4:39:12 PM
From: Jibacoa  Read Replies (3) of 52153
 
SQNM:

It traded today at 21 3/8 and the volume increased substantially in the last hour of trading. It closed at 20 3/4 (up + 11.78%) on volume of of 217,000

It seems it should be able to close above the resistance (the Dec.11 H of 21 5/8) this week. If that happens there doesn't seem to be any significant resistance on the chart up to the 29 level. That would be more than 100% since I first mentioned it here around the 13 level.

Bernard
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