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


To: Jibacoa who wrote (383)5/13/2002 11:20:03 AM
From: Jibacoa  Read Replies (1) | Respond to of 544
 
RZYM Is doing well today on low volume after it announced last week that they were cutting down their "burn rate".<g>

Of course the Biotechs in general as well as the "market" have also been doing better today.<g>

Part of RZYM move today may be in part due to some short covering which at last report had increased to more than 9%.

It seems it may close above the May 7 H of 1.55

siliconinvestor.com

But it won't close the April 30 down-gap as yet.<g>

siliconinvestor.com

At any rate, RZYM is up 22.6% (not a bad gain for one day.<g>) on volume of more than 22K

Bernard