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Biotech / Medical : Biotech - Technical Analysis

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To: Robert Rose who wrote (5)2/2/2001 1:27:57 PM
From: XenaLives  Read Replies (1) of 544
 
If you go to www.spiritsites.com/stocks you will see two studies I have set up for myself.

It seems that volume and volume accumulation are the most important for me (those little spikes in the volume accumulation are clues as to who is doing what) and the long slides down on a candlestick with a volume accumulation spike seem to show a MM or someone moving the stock down.

I think money flow is important to see if there is too much profit taking off of a good stock.

Of course, my reliance on these indicators is probably because I don't understand the others well, *grin*.
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