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

To: tom pope who wrote (6580)6/17/2002 1:33:52 PM
From: Jibacoa  Respond to of 52153
 
<<ELN interesting.>>

Yes, it seems the June 6-June7 Ls at the 6.60 level show pretty good support.<g>

At present it is still trading below its medium term average(8.21) and I would like to see it closing above its longer term average(10.26)

You can argue that it will probably get to test the May 2 H of 12.60 and that should be a pretty good % gain from present level (7.37) (70.96% gain <g>)

Most people will probably wait until it can close above the March 7 H (15.89) on its way to close the February 4 down-gap at the 23 level.<g>

RAGL

Bernard



To: tom pope who wrote (6580)6/17/2002 1:57:48 PM
From: Jibacoa  Read Replies (1) | Respond to of 52153
 
<<The BTK.Hope it means something. Probably not.>>

If the BTK moves to test the May 24 H at 436, that would be a 17.20% gain from present level.(Not bad.<g>)

But for it to "mean something" it seems it needs to close above the 490 level.<g> (And some people will like to see it closing above the January H at 583 before claiming there is a green light ahead.<g>)

RAGL

Bernard


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