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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (6005)	7/16/2001 12:23:54 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 208838

12:07 ET Abgenix (ABGX) 31.02 -2.23: -- Technical -- Broad-based weakness today on the BTK (-4.2%) is contributing to the breakdown of ABGX' chart on a near to intermediate-term basis. Closed just under its 100-day moving average on Friday and has broken subsequent support at 31.27 today (lower end of 20-day Bollinger bands). Looking further, ABGX could see round number support around 30 with a more important level at 28.6 (April 25 low and lower end of 10-day Bollinger bands). To the upside, watch for first resistance around 33.38 which is today's intraday high as well as the 100-day simple moving average.