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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (156)3/11/2002 11:16:50 AM
From: Jibacoa  Read Replies (1) of 544
 
<<Take this warning for what it's worth - I held SEPR and ELN all the way down. Good luck.>>

That was another comment from Jonathan Robinson on the Biotech Valuation thread.

There was no apparent advance warning to SEPR drop on March 7 when it was apparently trying to recover from its February loss,EXCEPT that it needed to close above the resistance at the 51 level (from where the February down-trend started) to give some credit to its recovery effort.<g>

siliconinvestor.com

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SEPR had been on an steady down-trend since its July 2000 H at the 140 level.The attempt at recovery from its May 2001 L a the 23 level never crossed the "red average line".<g> and was not able to test the resistance at the 64 level (from its January 2001 L) as its Dec.2001 H was only 60.05

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I remember giving some warning about SEPR back in January:

Message 16961118

Bernard
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