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


To: EepOpp who wrote (422)6/12/2002 11:20:25 PM
From: Jibacoa  Read Replies (1) | Respond to of 544
 
<<Now who to believe?>>

It seems there isn't too much rush to find out. Time will tell.<g>

I wouldn't go long on MEDI until it can close above 31.50 It has a good amount of resistance at the mid- thirties and mid-forties levels. I would add some when and if it is able to go over those hurdles and then add some more on a close above 50. (If that happens, the FDA has already approved FluMist and there is a good chance for the stock to double.<g>)

RAGL

Bernard