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Biotech / Medical : Biotech - Technical Analysis

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To: WhatsUpWithThat who wrote (276)3/28/2002 2:19:33 PM
From: Jibacoa  Read Replies (3) of 544
 
BLUD

WUWT: BLUD still remains on an up-trend. The trend will be still preserved as long as the stock stays above its average line (12.75 at present,which will close the last up-gap on the weekly chart).<g>

siliconinvestor.com

But it is possible the profit taking made end at the at the 13 support level.

siliconinvestor.com

The stock certainly needs a rest in order to test that 16.87 resistance from September 1999.<g>After all it has appreciated 500% from the L at 2.50 in late September 2001

I hope this may help with your worries.

Bernard
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