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Biotech / Medical : Dynamic Healthcare Technologies (DHTI)

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To: Sparticus who wrote (69)6/6/1997 9:43:00 PM
From: taLuis   of 168
 
Congrats to all who bought under $5 (again). I got up late today, so I
missed the great buying opportunity at 4 5/8 that lasted for over half an
hour! Still got some at 5, though.

TA-wise, I was surprised we visited 5 again. I thought 5 1/2 would be our
new support level. It's possible a number of stockholders thought the same
and put their stops (mental or otherwise) at 5 1/2. Once it dipped below
5 1/2, large blocks began to sell off so as to protect profits.

So, here we are at 5 all over again. Short-term, this will not last long.
I expect we'll climb back to 5 1/2 - 6 in a few short weeks, with strong
resistance at 6 1/8. Once we break that, we can easily go to 7 or 8. However,
I doubt we will do much better than 8 this year.

At today's close of 5 1/16, DHTI is a BUY. Anything under 5 is a STRONG BUY.
So, load up on Monday if you haven't already bought.

Luis
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