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Biotech / Medical : Biotech - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (180)3/18/2002 9:09:17 PM
From: Tomato  Respond to of 544
 
FWIW, I will look into my TA crystal ball...I see a long trip in your future...(ooops, those were my tarot cards..[g]).

Here's what I can tell you based on what I know of TA:

askresearch.com

1. Today's action was certainly bullish. Nice volume.

2. One could argue that there was a breakout from congestion and possibly a break of the downtrend that started around 3 months ago in mid-Dec.

3. One could also advise that it might be a decent strategy to wait until the price breaks the recent old highs around 5.80.

4. If you buy it might be a good idea to place a stop loss- always think about an exit strategy before you buy (something I should do more myself).



To: stockman_scott who wrote (180)3/19/2002 8:20:05 AM
From: JEB  Read Replies (2) | Respond to of 544
 
INGN has been on my watch list since I first studied the P53 project. A lot of new discoveries came out of that project including a new philosophy of drug trends for the future by the AMA.

Introduction of P53 into the system requires a protein to activate the killer cell activity. To date, the introduction of P53 has given average results so it is more of a gamble to pass FDA muster but it still could.

INGN owns a protein in pre-clinical called BAK that destroyed 99.9999999999999% of the breast cancer cells in cell cultures. This is the one I am following.



To: stockman_scott who wrote (180)3/19/2002 11:36:36 AM
From: Jibacoa  Read Replies (2) | Respond to of 544
 
<<Any Thoughts on the stock...? >>

Message 17211858

The nearest resistance is now at 5.25.<g>

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Bernard