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Biotech / Medical : Introgen Therapeutics -- Ignore unavailable to you. Want to Upgrade?

To: zeta1961 who wrote (578)	10/23/2006 10:48:42 AM
From: Jibacoa	Read Replies (1) \| Respond to of 802

The short position at last count is around 58.7x average daily volume.<g> It was up more than 40% in the last month. INGN's stock isn't off yet from its longer term downtrend coming rom its Dec.2004 H at 9.81 & its RSI has been increasing since its Jun.2006 double bottom at the 3.50 level. It is now on a near-term uptrend with the nearest support at 4.60 & resistance at 5. It seems that those that shorted it at 4.48 may have to exercise some patience and endure some "paper loss".<g> Today's intraday H at 4.98 made a double top with Wednesday's H & its now an important near-term resistance.But the nearest intraday support is at 4.75 & resistance at 4.86 bigcharts.marketwatch.com Bernard