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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (90)8/28/2001 3:20:29 PM
From: Jibacoa  Read Replies (1) of 544
 
TEVA getting ready to close the up-gap.

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BTRN is coming up after the recent double bottom (Aug.24&27) at the 5 level. It had an upside reversal on good volume on Aug.16 and it may be getting ready to close the up=gap at 7.80 from Jul.16 (that was the day it had a volume of 634,700 and the up-move was from the 6.30 close on Jul.13 to the Jul16 intra-day H of 8)

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siliconinvestor.com

Besides BTRN, another one acting better than the market today is CRIS which is up 6.7% and trading above yesterday's intra-day H of 6.

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It needs to close above the resistance at 7

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Bernard
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