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Biotech / Medical : Biotech - Technical Analysis

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To: seminole who wrote (474)7/16/2002 5:08:36 PM
From: Jibacoa  Read Replies (2) of 544
 
I am getting nice percentage moves with these trades.

If you bought it at the time I first mentioned it on July 3 ($1.31) and sold at today's H ($2.48) you have made a profit of 85.40% (If yo sold at the close today ($2.34)the profit was only 78.63%, but still not bad these days.<g>)

If you buy at today's close ($2.34) and the up-trend of the last 3 days continues for ELN to close half of its July 1- July 2 down-gap (from 4.91 to 3.91 )at the $4.41 level, you will make another 88.46% (still not too bad a prospect.<g>)

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Bernard
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