Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: sam who wrote (3387)	12/21/1997 3:05:00 PM
From: Michael L.	Read Replies (1) of 6136

Guys, I got to this thread by the chart. It looks very interesting to me. For the last two weeks after gap down it forms a nice symmetrical triangle with the apex at Dec 23. The price on Friday went out of triangle to 28 but closed nicely inside that shows strength. The last downtrend resistance goes down exactly to the apex. It means that Tuesday or Wednesday may be the day! If I see the volume conformation I will accumulate heavily. I see above only other downtrend resistance from the beginning of October and after that just clear sky. 15-1-5-5 stockastics just turning up, 14 day RCI is positive, Momentum turns north, smart money started go in. Hmm... what is negative for this stock? Ready for action? Any technician on this thread? Will appreciate any comment on the way it will go next week. Thanks, Michael

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