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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (101)2/4/2002 11:23:57 AM
From: Jibacoa  Read Replies (1) of 544
 
Most of the larger Biotechs have been on a down-trend since November or early December.

Some like IMCL & MLNM are trying to form a base.<g>
SEPR broke the support at 47 and is to test the Nov.12 L at 44.04 or its Oct.9 H at 39.

CRA is going to try to make a triple bottom at 20.(With the Sept.21, Jan.30 & today's Ls.<g>)

HGSI is also to try making a multiple bottom at the 26.50 level (The Ls on Sept.27, Jan.17,18,22,29& 30) The 26 level looks like a GOOD support.Let's hope it doesn't get broken.<g>

siliconinvestor.com

Bernard
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