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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (505)	8/9/2002 10:58:07 AM
From: Jibacoa	Read Replies (1) of 544

ORCH Is trying to continue yesterday's move. It reported a 145% increase in revenues for its second Q, but its net loss also increased by 15%.<g> It also had announced on Wednesday that it had settled its dispute with St.Louis Univ. concerning a patent dispute.<g> At any rate, it seems to have found support at the 0.90 level with the 7/31-8/1-8/2-8/5 quadruple bottom.<g> siliconinvestor.com siliconinvestor.com I bought some recently since the R/R appears to be favorable, but don't plan to add more until it can close above 2.<g> siliconinvestor.com Bernard

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