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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.96+3.0%Nov 24 4:00 PM EST

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To: Galirayo who wrote (1107)6/20/2005 4:01:13 PM
From: Jibacoa  Read Replies (1) of 3722
 
[Stem Cells] Are moving today to

Yes, when I mentioned on Jan.18 that "it seems ready to test its Aug.2001 H at 6.58 " it was able to trade on Jan.19 at 6.77 <g> but it could not test its Jul.2001 H at 7.25

The stock had a double top on Jan.20-21 at the 6.40 level and drifted down to the May 2 L of 2.59 It seems to have found support and on May 20 had an up-gap on good volume of 11,957,056 (the highest since March 2) The up gap has already been closed and the stock seems now ready to go over its June 1 H of 4.34 in spite of the adverse general market behaviour today (albeit that has improved somewhat since 1.30PM)

STEM's nearest resistance is now at 4.32 and intraday support at 4.20 which is being tested at this time.<g>

bigcharts.marketwatch.com

RAGL

Bernard
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