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


To: Jibacoa who wrote (469)1/15/2004 10:44:29 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Biotech stocks in general continue on a declining trend. The numbers of A/D in the biotech sector today seems to be around 1/8 at present.<g>

The BTK is down again after its attempted rally yesterday.It is presently testing its nearest support at the 490 level and if that fails it may get to test the 480 or the 120 EMA average line which is presently around 460

The January effect carried it to its 1st week H at 512 on January 11, but it seems that the next two weeks are not going to be of much help unless some good news come out.<g>

bigcharts.marketwatch.com

Bernard