Novacare (NOV) breaking out... Message Board

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Biotech / Medical : Novacare (NOV) breaking out...

NOV 15.82

+1.0%

2:24 PM EST

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To: E. Graphs who wrote (118)	8/21/1997 12:33:00 AM
From: Todd D. Wiener	of 420

Well, my crysTAl ball says that continued volume should TAke NOV to nearly $16 before the end of the week. At that point, profit TAking will bring the stock to below $15 briefly. After that brief dip, buying will again lift NOV above $15, where it will sTAy in a narrow trading range until the company announces the spinoff of NCES. At that point, NOV may break out above its previous high of $16, where it shall remain until Q1 earnings lift it toward $18. Todd

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