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Biotech / Medical : IVAX Insider Trading

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To: 5,17,37,5,101,... who wrote (201)	11/21/1997 10:23:00 AM
From: flickerful	Read Replies (1) of 756

IVX, flickerful, a chart. geocities.com The chart shows the movement in Sept. that you mentioned. Note the break from the severely narrowed Bollingers (basing pattern) and the slew of accompanying indicators. A somewhat more benign result in October. It is oversold right now and will most likely get a pop if and when the indicators pull out of oversold. Note the Bollingers are beginning to narrow ...IVX has begun a basing pattern that started around Nov. 10...when it pulled sideways from a down trendline (I did not draw it in). The healthiest pattern for IVX (news notwithstanding) would be a longer basing pattern here ( near the low) with the narrowed Bollingers....and then the subsequent pop and reversal that so frequently occurs. For those confident of IVX, Paxene et al this is not a bad point to consider an entry...though personally I would wait for a little indicator confirmation. Good luck, Stan ~~~~~~~~~~~~~~~here's a link to stan's thread and some earlier ivax ( and idti, among others) discussion. techstocks.com

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