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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (433)6/19/2002 4:58:31 PM
From: Jibacoa  Read Replies (1) of 544
 
The BTK dipped again today below its intermediate term average line.

It closed at 362.17, near its intra-day L of 361.90

The intermediate term average is now at 370.59 (yesterday's close was 370.77 (which was apparently not a lucky number in spite of the three 7s <g>)

The longer term average is at 409.19 and the resistance (from the May Hs ) at 435.69

Since the March 19 H at 543.73 the BTK has not been able to close above its longer term average line and still remains on a long-term down-trend.

bigcharts.marketwatch.com

siliconinvestor.com

Bernard
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