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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: WhatsUpWithThat who wrote (401)10/8/2003 1:45:53 PM
From: Jibacoa  Read Replies (2) of 3722
 
PCYC Is trying to close above its September 11 H of 5.59 <g>

There are no recent news and the volume remains low, (nothing like the 1.380M of May 29.<g>)

PCYC has some $5 in cash/share and if it can close above the resistance (the H of September 11 and the June 10 H of 5.70) it will complete what it looks like a 3 1/2 months "cup & handle" formation.<g> (starting from its June 10 H of 5.70)

The stock may have some extra room to run, with a first stop around the $7 level. (The big drop in mid-December 2001 was from the 25 to the 9 level.<g.)

siliconinvestor.com

siliconinvestor.com

Bernard

BTW INGN's highest one minute volume today was the 18K traded at $10 at 12.56PM and none of it was mine, since I haven't sold any shares.<g>

siliconinvestor.com

I am looking for INGN to close above the $10 level in spite of the general market which is taking a respite after 5 days of consecutive gains.<g>

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