AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Bill Fortune III who wrote (653)	5/3/1998 4:56:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 2887

How about an update from the technical analysis guys? I asked James Strauss over on the $$$STOCKS CROSSING THE 13 WEEK MOVING AVERAGE$$$<$10.01 Thread to give the stock a look and I was quite pleased with his reply which I will paste here: Message 4304992 AMBI... Jeffrey: Short term, AMBI is heading towards the bottom of its Envelope Channel... Negative MoneyFlow and Negative volume flow... It looks like it is close to bottoming... From that point, it can move up to about 2 3/4... That sounds pretty good to me my friends and that forecast for the future of our stock is based on TA alone. As always, do your own due diligence and lets hope for a big week for ABMI investors. Regards, Jeff

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