Phymatrics (PHMX) Message Board

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Biotech / Medical : Phymatrics (PHMX)

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To: Andrew Q. Viet who wrote (80)	9/1/1997 10:32:00 AM
From: Ross	of 118

Andrew, Here is a chart of PHMX: teleport.com PHMX has now moved just under a .75 retracement from the 6/6/97 high.. I was, a couple weeks ago, anticipating it holding at a .62 correction but this did not happen. This, for me, now falls in the gray area of double bottoms. My software has generated short term support at $11.50 and expect at least this. There is good "long term" support at just under $10.00.. PHMX seems to bump against the 20 day moving average and then back off. It will be interesting where final support actually comes in.. Ross

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