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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.07+0.9%Nov 12 4:00 PM EST

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To: Galirayo who wrote (620)1/16/2005 10:46:55 PM
From: Jibacoa  Read Replies (1) of 3722
 
[VEGF] Thanks, Tomato. Anyone have comments on this one?

Ray: I think VEGF is on a near term uptrend that started on Jan.7 but as you mentioned has resistance at the 5.86 level (the H on Dec.14) and then at 6.77 (the H on Nov.16)before it can test the more important looking resistance at the 7 level(the H of Oct.18)

As you may recall, the H on Feb.2004 was 7.69 If the stock can close above that level it seems it doesn't have any significant resistance until the 11.34 level (the H on March 2002)

bigcharts.marketwatch.com

Bernard
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