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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (250)1/29/2003 7:33:39 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Tuck:

As you said, AGIX traded as high as 8.11 at 3.53PM and 3.55PM(making a temporary double top on its one minute chart.<g>)

The one minute volume at 3.53PM of 3.3K was on up-ticks (O=8.02 H=8.11 and C=8.06) the volume of 11.050K at 3.55PM was on down ticks (O=7.97 H=8.11 C=7.78)

Then at 3.58PM (2 minutes before the close) the volume spiked to 57,900 and the price action was O=7.73 H=7.86 C=7.60

The volume in the last two minutes was low (3.2K & 1.1K )and the price managed to close at 7.70, a little shy of the January 14 H of 7.75 but above the close that day of 7.62 <g>

This was the highest closing price for AGIX in a long time (since May 1,2002 when it closed at 7.95 <g>) (On June 28 last year, when it had a volume of 2.098M and the intra-day H was 7.95 the closing price was 7.17)

If the stock can close above its January 14 H of 7.75 it should be able to test its June 28 H at 7.95 (Other hurdles ahead are the April 29 H was 8.24 and the April 14 H at 8.45) The September 8 2000 H was 11.50.

Today's volume of 2,624,284 was higher that its June 28 volume of 2,098,500 and the highest since the October 5,2001 volume of 3,182,900

The RSI has been rising since Jan.22, but the money flow today was minus 339,900

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Bernard