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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (8180)11/22/1997 1:39:00 AM
From: Instock  Read Replies (1) of 79521
 
INNOVEST INFU-TECH INC. (INFU)
CLOSING PRICE ON 11/20/97 - 5 1/2

TECHNICAL OPINION - FIRMLY BEARISH
THE INNOVEST RATING IS TO SELL
THERE ARE FIRM TENDENCIES FOR A NEAR-TERM PRICE DECLINE.

INITIAL DOWNSIDE SUPPORT CAN BE EXPECTED
AT 3 9/16, NEAR THE 50-DAY PRICE AVERAGE.

UPSIDE PROJECTIONS FOR OVERBOUGHT ARE 4 15/32 TO 4 49/64.
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