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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (167)3/15/2002 2:08:01 PM
From: Jibacoa  Read Replies (1) of 544
 
NBSC: Dipped today below its near term average line.

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But it has support at the 7.80 level:

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It has a good up-gap on its monthly chart.<g> But it may not get filled too soon if the earnings continue to increase as lately.<g>

I would expect for its upward momentum to accelerate once it clears the resistance at the 9.25 to 9.75 level (The 9.75 was a double-top in May-June 1999)

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Bernard
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