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

To: Jibacoa who wrote (3226)	4/27/2015 6:38:22 PM
From: Jibacoa	1 Recommendation Recommended By Land Shark Read Replies (1) \| Respond to of 3722

I had some questions about how low we can expect the BIB to drop.<g> Although on this thread's introduction, we can see that BIB closed down 8.25% for the day, on volume of 1,047,715 which was the highest since the down days of March 25 and March 26. It is probably not as easily to ascertain the fact that the index had already closed below its EMA50 on its daily chart, on March 26; Apr 1 and Apr 6. But today the close at 162.48 was still above its EMA50 which is at 161.96 and although there has been persistent selling pressure AHs, the price still remains above that level.<g> IMHO, the important support to watch is at the 155 to 157. If that's is broken, the next one is at the 149 to 150 level. But if the "correction" on the General Market turns worse and more people decide to follow the strategy of "Selling in May and going away", then we can expect that BIB will test the January Hs at 145 <g> It still too early to try to make a guess beyond that point. <g> Bernard

To: Jibacoa who wrote (3226)	5/8/2015 12:41:47 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

RIGL broke down through its EMA50 early this morning, but it tried to get back around 11am. So far is too early to tell if it will be able to do that today.<g> RIGL reported 1st Q results yesterday, and loss was around $0.03 > analyst's expectations. <g> finance.yahoo.com The stock closed a good part of its Feb23 UG on Mar4 bigcharts.marketwatch.com RIGL had a good institutional following, but they were heavy sellers in the last Q. Will see if the stock can find support at the 3.30 to 3.35 level or if it will come down to the 3.20 <g> Bernard

To: Jibacoa who wrote (3226)	9/9/2015 12:13:38 PM
From: Jibacoa	Respond to of 3722

RIGL is up 7.72% with volume of 754,623 already above its ADV.<g> It had a couple of announcements: One about its deal with Aclaris on its drug for possible treatment of alopecia areata. finance.yahoo.com And another one about the FDA granting orphan drug designation for its Fostamatinib, which is on a PIII for patients with ITP. <g> finance.yahoo.com RIGL's price is off a little from its intra-day H But at 3,20 is well above its EMA50 which is at 3.04 <g> Its EMA10 at 2.98 is above the EMA 20 at 2.95. Will see if those last 2 can get above the EMA50 to complete the NICE picture.<g> Bernard