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Biotech / Medical : HTDS - Hard To Treat Diseases
HTDS 0.00002000.0%Nov 28 9:30 AM EST

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From: rrm_bcnu7/7/2005 9:02:43 AM
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Thurdsays Numbers HTDS

Third Resistance Level 0.034
Second Resistance Level 0.032
First Resistance Level 0.029
Pivot Point 0.027
Wednesday's Close 0.026
First Support Level 0.024
Second Support Level 0.022 (1.382 multiple of the current seed downwave)
Third Support Level 0.019 (1.618 multiple of the current seed downwave)

As expected and stated below, profit taking was the order of Wednesday's action. We closed below the pivot and unless there is a significant uptick in volume we could countinue on down to the .02-.022 region (the target zone of the current seed wave that commenced on 6/29 and concluded on 6/30). The retracement of that seed was 100%... and may constitute a marker for an AB=CD measured move whose point C started at the open on 7/05, and concluded today. If so, volume should tell the tale early and we should advance to at least the Second Resistance level at .032 or perhaps higher.... I still expect a retest of the annual high at .042 before the verdict.

GLTA

rrm

Yesterdays Post

Wednesdays numbers

Second Resistance Level 0.035
First Resistance Level 0.032
Pivot Point 0.03
First Support Level 0.027
Second Support Level 0.025

Today's action seem profit taking oriented. Volume was relatively low, although not as low as ATKJ (Zero again). We closed below the todays pivot point and may have a further hill to climb tomorrow. In this waiting game we'll just have to wait and see.

rrm
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