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Biotech / Medical : Biotech - Technical Analysis

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To: XenaLives who wrote (72)	5/26/2001 11:26:03 PM
From: Jibacoa	Read Replies (2) of 544

Paula: I think the news about the FDA panel's decision came after market close and I am not sure if trading in SCIO had been halted pending the decision. The FDA usually follows its panel decision and the company said it expects the FDA to make a final decision by July. You have to wait and see how things go on Tuesday. The resistance is now at 30.5 and the support at 19.5 to 20 The volume of 13,779,800 was definitely above the average and some of the heavier one minute volume(110,200 at 3.37PM)(136,200 at 3.47PM)were on small up-ticks, although the 150,600 at 3.59PM was on a down-tick.<g> siliconinvestor.com I have no opinion on it until it goes over the "reistance" or breaks below the "support".<g> siliconinvestor.com Bernard

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