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Biotech / Medical : genelabs(gnlb) -- Ignore unavailable to you. Want to Upgrade?

To: RAYS who wrote (151)	11/16/1999 7:52:00 PM
From: Toni Wheeler	Read Replies (1) \| Respond to of 233

NEW 52 WEEK HIGH! Positive 30% 6 Week Basing Pattern Breakout <<<If you're a shareholder of GNLB, then you will be glad to know that the stock has reached a new fifty-two week high at 4.125 in the latest trading session. The last trade for the stock was 4.187 with volume at 1,201,500. As GNLB is in new high territory, there is no overhead supply or resistance in the short term for the stock, however, a brief pullback on profit taking may be in order after such a strong recent performance. 401% of the stock's thirty day average volume has been traded in the most recent session. GNLB shows a very bullish trend with a strong positive divergence from its 200-day moving average line. Recent demand for the stock has pulled the share price of GNLB upwards. A moving average line describes the price trend of a stock over a specific period of time. GNLB shows to be in a strong uptrend and ranks as a strong performer with regards to long-term technical rank. The stock scores a substantial positive divergence from the 200 and 50-day moving average lines and a strong twelve and twenty-six week relative performance. GNLB has outperformed the broader markets in the last six months and shows long-term growth potential. GNLB is gaining long-term momentum. GNLB scores a high short-term technical rank as measured by a combination of key short-term criteria. During the most recent five trading sessions the stock has posted significant gains and closed near the top of its daily range. GNLB shows momentum with its short-term technical ranking. The stock could continue with its recent momentum and further investigation of current news and events is warranted. A gain in short term technical rank for GNLB in the last five trading days tells of growing strength for the stock.>>>... My best, T.