Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Metcalf who wrote (1126)	6/21/2005 12:11:51 PM
From: Jibacoa	Respond to of 3722

The BTK: "Today's close took out the highs for 2003, 2004 and 2005-to-date. Five more points would take out the closing high for 2002." Yesterday's intraday H of 568.56 was above the Apr.2004 H of 567.94 but the close of 566.80 was a little below it.<g> bigcharts.marketwatch.com In this situation, where do you look for resistance and how do you set new targets? Today's intraday H at 9.35AM was 569.42 which is now the nearest "resistance" The nearest "support" seems to be at 560 to 562 but more important one is at 545. <g> The next "target" would be the January 2002 H at 583.07 and then the Nov.-Dec.2001 double top at the 625 level.<g> bigcharts.marketwatch.com Bernard