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Biotech / Medical : GNBT Generex

GNBT 0.00

Jan 27 4:00 PM EST

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To: rrufff who wrote (131)	3/15/2006 1:20:39 AM
From: Hawkmoon	of 310

2.75 high to be tested - Let us pray... It closed particularly strong this afternoon. What do you make of the Rumint that GNBT is in line to receive some money for Avian Flu research from the Feds? This conference going in London appears to have some heavy hitters attending. Here are my chart updates for GNBT: 15 minute: bigcharts.marketwatch.com Should be a strong beginning in the morning as follow-through from the close today. Hourly: bigcharts.marketwatch.com We could see a retracement back to 2.25/share, but that would form a extended cup and handle formation that would be bullish, if not violated. Daily: bigcharts.marketwatch.com We definitely have room up to 2.60/share, it would seem. But the strength has just been amazing and today was a decent +Volume day and the stochastics have remain pointed north. But the kicker is that the 20 WEEK MA is preparing to cross over the 200 Week MA. And THAT'S extremely bullish that the uptrend may remain intact for the next couple of months. But we need to make that new high to accomplish it, IMO. Hawk

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