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


To: Jibacoa who wrote (842)2/18/2005 3:12:26 PM
From: Ian@SI  Read Replies (1) | Respond to of 3722
 
Bernard,

Can you make any comments on ARQL's chart?

Specifically, would you expect price to hit the $3.95 - $4.00 range? ... or might it find support in the $4.36- $4.40 range?

Volume seems to have picked up this year relative to the prior 6 months while money flow has gone from +.29 on January 4th to -.226 today. Prior troughs for this measure bottomed at about -.45 to -.50 on the Money Flow chart that I can see. Prior instances of money flow worse than -.2 seem to result in the trough values before reversing.

RSI is now 29.3. Prior bottoms were near about 18 in Feb 03; and 24.5 last July. Last October, it turned around after hitting 33. This seems to have gone straight down since about Feb 9th. (Earnings report, Secondary)

All of this just leaves me confused. Any TA expertise you could share will be appreciated.

Thanks,
Ian



To: Jibacoa who wrote (842)7/18/2005 10:15:39 AM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
MLNM Is going over its June 20 H of 10.01 and hasn't bothered to close its June 17 upgap.<g>

bigcharts.marketwatch.com

Last Monday it announced that it was starting a PII of MLN1202, its humanized monoclonal antibody, in patients with relapsing-remitting MS

MLN1202 is supposed to block CCR2 chemokine receptors and to prevent the infiltration of immune cells into inflammatory sites.

MLNM Reportedly has around $1.85 in cash/shr and is expected to cut its loss to $0.35/shr vs. $0.59 in 2004 and for 2006 a further cut is expected to $0.07/shr.<g>

Bernard