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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (318)4/10/2002 12:06:32 PM
From: Jibacoa  Read Replies (2) of 544
 
SEPR It seems the support at 15 is going to hold,<g>

siliconinvestor.com

I bought some at 15.10 today.Although I am keeping a close stop as today's rally of the general market doesn't look too reliable,<g>

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siliconinvestor.com

SEPR's next resistance is at 15.60 and then at 15.80 and 15.90 ( all from April 9 <g>)

To confirm the reversal of the down-trend it needs to close above 17 (from April 5.<g>)

siliconinvestor.com

At this point the R/R appears to be favorable. As mentioned if it can close the March 7 down-gap it could be a 100% return from present levels.<g>

Bernard
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