Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: epicure who wrote (4098)	5/12/1998 6:09:00 PM
From: Linda Kaplan	Read Replies (1) of 7041

X: Yah... There was a real strong head and shoulders starting in September, yes? And after it was through there was a base formed around 30 in Nov-Dec before that free fall. Because of the H&S before that period of time spent at 30, it seemed like the next direction would have to be down, though when you see a sideways action like that, I guess it could end up springing in either direction. So if it does complete the H&S now, I am thinking that it might stop on the way down, at 30 again, for a little breather, before it continues down again. Does this sound right to you? I'm just a dabbler in TA, of course. Linda

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