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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (7090)4/15/1998 6:41:00 PM
From: Colby  Read Replies (2) | Respond to of 23519
 
Herm,
Thanks for the post. I never got into the technical stuff, maybe I should.

Colby

P.S. I sure hope you had a scanner (gg)



To: Herm who wrote (7090)4/15/1998 7:06:00 PM
From: LoLoLoLita  Read Replies (1) | Respond to of 23519
 
Herm,

Good Post. Recent volume after breaking support is low.
Long-, intermediate- and short-term trends are all down.

In order to reverse course to an uptrend, classic TA
says you either need to consolidate (read--new, lower
trading range, w. resistance @ 10), or else have an
exhaustion selloff (usually, gap down and huge volume).

Both of these scenarios are not very appealing to potential
longs who are considering VVUS based on value considerations,
UNLESS they have a long time frame.

David