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Biotech / Medical : Biotech & Pharma.T.A,
BIB 84.87+0.9%Feb 11 4:00 PM EST

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To: Pied Piper who wrote (540)3/4/2004 10:10:05 PM
From: Jibacoa  Read Replies (1) of 3722
 
Piper:

Re: FMTI

The stock has remained on the UPTREND that started on Dec.16 from the 2.35 level.

Since then although the price dipped below the Short average Line (SAL)for several days last month,this SAL has remained above and never crossed below the Medium average line.(MAL) <g>

The stock made another 52 wks. H today as it closed above its Feb.17 H of 7.59

The volume of 2,555,860 is the highest that I can recall. (Previous highest volume was the 1,417,700 on June 30,2003 )

The stock closed near its intra-day H and was up to 8.30 after hours. The nearest support is now at 8

Although it looks overbought, it seems that the stock may get to test its April 2000 H at 9.63 The March 2000 H at 16 appears to be out of reach at present.<g>

The PSML data on FMTI at present: 8.23 7.18 6.56 & 4.97

bigcharts.marketwatch.com

bigcharts.marketwatch.com

Bernard
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