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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (437)6/20/2002 1:17:37 PM
From: Jibacoa  Read Replies (2) of 544
 
IMGN Seems to have intra-day support at the 3.85 level (Somewhat above its previous bottom around the 3.55 level.<g>)

siliconinvestor.com

But the downtrend that started in early April is still intact.( It needs to get above that 5 level.<g>)

siliconinvestor.com

Looking at some data on IMGN & INGN:
IMGN cash is reported to be around $3.60/share. (INGN's is around $1.94/share) Insiders only hold around 1% of IMGN and at INGN around 63% (Institutions reportedly have been selling boths.<g>)

Bernard
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