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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Mark the K who wrote (4990)7/21/1998 5:28:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 7041
 
Mark: I'd like to hear X's TA. However, when I look at the chart, I see the H&S top. I think it might bring us down to 20 fairly quickly UNLESS there's some very good news from ZONA, good enough to change that direction.

If we close below 20, the next support looks like 18 to me, and then it's the free fall to and below 13-1/4.

I should say by way of disclaimer that I'm no TA expert and as a result I've never traded on my own TA and wouldn't recommend that anyone else does, either. I'm working on it, though. :-)

Linda