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Biotech / Medical : Cyberonics (cybx) epilepsy therapy recommonded

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To: Dennis who wrote (272)4/18/1998 4:00:00 PM
From: fred woodall  Read Replies (1) of 471
 
Bottom on CYBX
Production increase is the focus for this Qt. Management's drive to earn a profit will provide the motivation. Trading Fri. shows signs of buyers creeping in. May not hear from the Co. for awhile so tapping 23. seems to be very possible. From the TA view: CYBX MACD daily (bearish). 50day MA looks to be topping out but that's not confirmed. Also on 4/17 CYBX bounced off 24. creating a temporary support level & staying above the Daily trend line. Mon. will provide enough trading to speculate.

I'll be watching for entry if CYBX drops below 24. looking for a bounce.

Hey you asked.
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