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


To: Jibacoa who wrote (489)7/18/2002 2:43:36 PM
From: Jibacoa  Respond to of 544
 
DGEN Although it seems to have found support at the $2 level, from where it started a slow up-move on July 11, so far it hasn't showed any reaction to its recent news about its discovery of a drug target, designated DT022I, for the potential treatment of inflammatory diseases, including rheumatoid arthritis.

That is the third drug development target announced by DGEN from its inflammatory disease program.<g>

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It needs to close above 3 before it can think of testing the resistance at the 3.95 to 4.25 The long term average line on the daily chart stands at 3.50 at present.

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Bernard