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Biotech / Medical : IMNR - Immune Response -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (1471)6/27/2000 5:29:00 PM
From: MJ  Read Replies (1) | Respond to of 1510
 
I am going to put myself out a little here with my technical background---we'll see if I am right several months down the road. I am not pumping the stock---just reading what I see.

Do this----check the longterm chart for IMNR and also plug in the OBV along with the moving average lines. Forget the other fancy indicators. (We already know the short interest is high which is bullish for the stock)

The OBV continues to move up and just had a break out on the up side with the move today. The price has not yet gotten in sync with the lt OBV. OBV often precedes a stocks movement whether it is on the up or downside.

mj