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Biotech / Medical : IFLO is Breaking Out -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (774)1/26/2000 10:04:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 1018
 
<<<How many times can I trade IFLO between 3 5/8 and 4, before
we finally break out and go over 5! LOL>>>

You could have done it on Dec 22nd, Dec23rd, Dec 28, Dec 30, Jan3rd,
Jan10, Jan11, Jan12(Got as H a 4 1/16), Jan13( H was 4 1/32), Jan18(H 4 1/32),
Jan19, Jan20, Jan21, Jan 24, & almost today (H was only 3 31/32)

However if you look at the daily chart, you can see the RSI has been gradually improving since January 10.

The highest intra-day volume today at 9.45AM (11,000 shares) was on an up-tick (from 3.687 to 3.843) (3 11/16 to 3 27/32)

The stock seems ready to go over the Jan12 H of 4 1/16 and test the November 26 H of 4 1/2, then the Oct11 H of 4 15/16.

I remain long and hopeful. Ready to increase position when the up-trend resumes.

Good luck.

Bernard