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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (374)	5/9/2002 11:17:01 PM
From: Jibacoa	Read Replies (1) of 544

In general today wasn't a good day for Biotechs.<g> The BTK could not test the resistance at 400 and seems it may re-test the May 7 L at 375 <g> Among the few exceptions that managed to close on the black today was CPHD, which was helped with the early news today about the "expansion" of its contract with the USAMRIID biz.yahoo.com CPHD was up 14.85%,(not bad <g>) on volume of 2,187,400, but it was not able to go over the resistance at 4.50 and it is still underperforming the general market.<g> siliconinvestor.com siliconinvestor.com Bernard

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