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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (523)	8/22/2002 11:58:25 AM
From: Jibacoa	of 544

TBIO Is up 15.70% on volume of 78,600 It has been selling at 0.76 of book. The float is only 9.2M and institutions reportedly hold 141% of it.<g> It also has a 10% short position.(About 34x its daily average volume.<g>) It needs to close above 3 in order to test the July 11 H at 3.68 <g> The stock is not yet on an UP-TREND. (At present the S,M & L averages stand at: 2.66; 2.66 & 3.17 )(It is likely the S will cross above the M, but it will take some time for them to get above the L.<g>) siliconinvestor.com. siliconinvestor.com. Bernard

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