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


To: Sergio H who wrote (963)6/6/2005 7:21:22 PM
From: Galirayo  Respond to of 3722
 
I see 3 of em .. One on the Left.

A Big One in the Middle Building .. A Right shoulder.

And

One on the Right .. Building a Right shoulder. The Little Brother inside the Big one.

I like Patterns inside Patterns .. Gives me that .. Warm Fuzzy Feeling. :)

Ray



To: Sergio H who wrote (963)6/6/2005 9:14:19 PM
From: Jibacoa  Respond to of 3722
 
Sergio:

Re: NRGN's "Head & Shoulder"

On both its daily and weekly charts you could probably "see" what looks like it, however,with a somewhat distorted pattern.<g>

On the daily chart the Rt. shoulder would be at the 7.21 level on May 12, the head at 7.85 on May 20 and the Lft. shoulder at 6.88 on June 1st.

bigcharts.marketwatch.com

On the weekly chart, the Rt.at 7.74 in late-August, the head at 10.50 on mid-Jan. and the Lft. at 7.85 on May 20

bigcharts.marketwatch.com

It is like looking at the clouds, you can always find a lot of animals and other interesting patterns.<g>

However, from a practical standpoint, I don't think that "pattern" is of much help at this point, wether is there or not.<g>

The stock closed today at 6.38, two pennies below its May 25 L of 6.40 and I think the important thing at this point is to see wether it will attempt to rally and try to form a "base" at this level or if it will test its nearest "support" at the 6.15 to 6.20 level (The Hs on Apr.29 & May 2) or if it will continue its present downward course to test the Ls on Apr.28 (6.01),Apr.29(5.95) or Apr.18 (5.71) <g>

At any rate, I would not buy any until the stock's pattern improves and it can start closing above some of its "resistance" levels. Maybe it will form by then an "inverted head and shoulders". I guess we will have to wait and see what we will be able to "see".<g>

For other comments, see my previous other note to John

Message 21391321

RAGL

Bernard




To: Sergio H who wrote (963)6/6/2005 11:02:31 PM
From: Galirayo  Read Replies (2) | Respond to of 3722
 
Here's another look at VPHM.

stockcharts.com

Or .. 2 Looks ...

stockcharts.com

Reminds me of HOV ... at 4.00 or 5.00 Bucks.

Ray