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Biotech / Medical : Immunomedics (IMMU) - moderated

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To: li3511 who wrote (7925)10/20/2009 7:41:32 PM
From: me otter  Read Replies (1) of 63324
 
From a chartist's perspective, we are likely to visit the $3.78 area before this down leg is done. We are oversold and should have a bounce from there. Looks to me like $5 is the magic number. A weekly close above there should signal that the selling pressure is about to become buying pressure.
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