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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.91+1.5%Nov 18 4:00 PM EST

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To: Jibacoa who wrote (1208)8/30/2005 11:06:01 PM
From: Jibacoa  Read Replies (1) of 3722
 
NTEC Seems to have found support at the $2.25 level. It is trying to get off the nearterm downtrend coming from its July 1- July 19 double top at the 4.49 level

Volume has remained low in the last 45 days.

If the stock can close its July 20 downgap at the $4 level, it could be a good % gain from present levels.Today it was up 9.62% on volume of 42,500 The R/R seems favorable at present levels.

bigcharts.marketwatch.com

On July 20 was when it announced that the FDA wants further information on its NDA for NE-180 on which NTEC was planning to start a PI for treatment of chemo-induced anemia.

Bernard
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