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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 143.62-0.9%Nov 17 3:59 PM EST

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To: Jim Oravetz who wrote (793)8/28/2001 10:41:07 PM
From: Scott H. Davis  Read Replies (1) of 1834
 
The good news is that NBIX is in good position with good news - clinical, financial and analyst stuff (I know we largely blow off, but they influence some.) The downside is that NBIX is in an overbought state again - not seriously, but materially. And it's headed up against several resistance points technically while technically somewhat extended. Bottom line is without a major improvement in the market, or more strong news, I don't see much upside near term. I also don't expect much contraction apart from some bad market downside moves, or bad clinical news. IMSCO Scott

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