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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (43)	4/12/2001 11:31:55 PM
From: Scott H. Davis	Read Replies (1) of 544

Bernard, A while ago you called support & resistance pretty accuratly with VICL - went back to near 20, hit resistance, and not only went down, this time crashing thru formet support at about 15. I was working mega hrs at the time and not managing my stocks, should have sold when it went past support - could have reacquired a lot more shares :( Looking at this chart, siliconinvestor.com I see both VICL approaching being overbought, and would be seriously overbought by the time it hits former support. I also see trendline resistance coming. If it retraces at former support, any idea at what point it would likely go back down to? Scott

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