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Biotech / Medical : IMNR - Immune Response -- Ignore unavailable to you. Want to Upgrade?


To: jon wilson who wrote (701)7/1/1998 4:06:00 PM
From: jake burns  Read Replies (1) | Respond to of 1510
 
Technicals may be very useful, but they don't take into account substantive information that will be released tomorrow and friday.



To: jon wilson who wrote (701)7/1/1998 4:12:00 PM
From: Jane4IceCream  Respond to of 1510
 
Technicals are not important with IMNR because you are investing on the "story" and the future....

Seems to be the case with most biotechs until they have positive earnings and products on the market...

That is why IMNR has in the past and will again in the near future spike on news then give some back with nothing substantive like earnings to hold the stock up. Plus take into account those that will take their profits and run.

Jane J Jackson of California



To: jon wilson who wrote (701)7/1/1998 4:37:00 PM
From: Brian Thomas Hertzog  Respond to of 1510
 
Technical analysis is very important to ALL stocks. Technical analysis adds a third dimension to stock trading. Their are some positive signs from Dorsey Wright analysis. IMNR is trading in positive relative strength compared to the Dow and demonstrates a strong upward trend dating back to Feb '98. Their is a upward level of support at $13.50.
A price drop to $12 would break the resistance and the upward trend line.
Good luck to all those long and short. Their is enough room for both of us.
--BHertzog