INVENTORY: Biomedics 40% - BPBIOM 70 ------X ------+-----------+----------------- 68 5 O | | 66 X X O | | 64 X O X 6 | A | 62 X O X O | X O | 60 --X O X O ----+-------X O | ------- 58 O X 2 X O | X O | 56 O X O 4 O | X O | 54 O X O X O A | X O | 52 O O X O 9 O X 9 O | 50 ----O X O X O 1 O ----X O | ------- 48 3 O X O X O X X O | 46 O X O X O 6 O 8 O | X 44 O X O X O X O X O 3 X O 42 O X O X 3 X O X O X O X O 40---------O X O X O X 7 --O 2 O 5 6 <--This weeks reversal 38 O X O X O X O X 4 X 36 O 8 O C O X C X O X 34 7 X O X O X O 1 O 32 O X B X O X O X 30---------O X O X O 5 ----O X ---- 28 O X O | 4 X O X <--Reversal from below here would 26 O X | O X O | be Bull Alert and excellent 24 O X | O X | field position 22 O X | O X | 20---------O X --| O X ------+-------- 18 O | O X | 16 | O X | <--Seems to bottom out here 14 | O | 12 | | 10---------------+-----------+--------
List of stocks who have retained their positive RS and are still above the trend line.
Symbol Company Name Pattern RS Signal RS Col ACEL Alfacell Corp Double Top None Buy X AVIR Aviron Double Top Buy Buy X DKB Dekalb Genetics Corp-Cl B Bullish Trngle Buy Buy X DNAP Dna Plant Technology Corp Triple Top Sell Buy X GENXY Genset -Adr Double Top Buy Buy X HYSQ Hyseq Inc Double Top Buy Buy X ICOS Icos Corporation Double Top Buy Buy X INHL Inhale Therapeutic Systems Bearish Sig Rev Sell Buy X KNDL Kendle International Double Top Buy Buy X LIFC Lifecell Corp Double Top None Buy X LTEK Life Technologies Inc Double Top Buy Buy X MAM Maxxim Medical Inc Double Top Sell Buy X MMP Maxim Pharmaceuticals Triple Top Buy Buy X NXCO Neurex Corp Double Top Sell Buy X ORTC Ortec International Inc Double Top Buy Buy X QGENF Qiagen N.V. Double Top Buy Buy X VGINF Visible Genetics Double Top Buy Buy X ALKS Alkermes Incorporated Double Bottom Sell Sell X BGEN Biogen Inc Double Bottom Buy Sell X MEDI Medimmune Inc Double BottoM Buy Sell X ORG Organogenesis Inc Triple Bottom Buy Sell X XNVAY Xenova Group PLC -Adr Double Bottom Sell Sell X ZONA Zonagen Inc. Double Bottom Buy Sell X
Symbols for posting on the DWA portfolio site:
ACEL,AVIR,DKB,DNAP,GENXY,HYSQ,HYSQ,ICOS,INHL,KNDL,LIFC,LTEK,MAM, MMP,NXCO,ORTC,QGENF,VGINF,ALKS,BGEN,MEDI,ORG,XNVAY,ZONA |