GNBT Generex Message Board

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Biotech / Medical : GNBT Generex

GNBT 0.00

Jan 27 4:00 PM EST

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To: lexi2004 who wrote (103)	3/9/2006 8:49:30 AM
From: Hawkmoon	Read Replies (1) of 310

Looks similar to a Bull Flag Lexi.. But it needs a few bounces first.. GNBT is currently only in the first leg of the tight downward channel that forms a Bull Flag. Minus dramatic news, there may be a week or two of consolidation towards forming that pattern. It certainly would be nice to see it hold above $2/share, but it might retrace beneath that in order to bring the indicators back to moderately over-sold. Hawk

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