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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (92)	8/30/2001 10:58:05 PM
From: Jibacoa	Read Replies (1) of 544

<<longs will have for now be satisfied if it doesn't break support at the 5 level.<g> >> Well the support at 5 held on BTRN and it was able to go through the resistance at 5.70 <g> So it seems it may now be able to test the 6 although it certainly is not getting any help from the general market, so look for it to test that 5.70 level again.<g>(It closed up 5.27% at 5.78 on volume of 45,000) siliconinvestor.com <<CRIS has now a good amount of near term resistance at the 6 level>> Well, it held at 5.50 (somewwhat higher level than I expected.<g>) The short term average was able to cross over the longer term on the last hour of trading(green line over the red <g<) in spite of the DOW and NAZ performance, so it is possible it will try for that 6 resistance. siliconinvestor.com The DOW still doesn't look too good: siliconinvestor.com And the NAZ either, albeit perhaps not as bad as it showed a slightly better "improvement" in the last hour or so<g>: siliconinvestor.com siliconinvestor.com Bernard

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