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Biotech / Medical : Ionis Pharmaceuticals (IONS) -- Ignore unavailable to you. Want to Upgrade?


To: bob s who wrote (2632)7/31/1999 8:07:00 PM
From: tom jones  Read Replies (2) | Respond to of 4676
 
To all: San Diego presentation and Market Edge.
Was surprised by this technical analysis (second opinion) from Market Edge:
COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a WEAK UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 9.50
RECOMMENDATION
STOCK IS A STRONG BUY

Isis' San Diego presentation. Not much new. Isis said they will spend $14 million to increase 2302 inventory for marketing. Said large pharmaceutical companies are starting Antisense programs.
biz.yahoo.com
Tom