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


To: Harold Engstrom who wrote (698)8/3/1998 11:04:00 PM
From: JEB  Read Replies (1) | Respond to of 1686
 
Harold,

Have you ever gone to one of these as an investor?

go2net.newsalert.com

I'm wondering if any worthwhile information ever comes out of these events.



To: Harold Engstrom who wrote (698)8/5/1998 2:45:00 PM
From: Bwe  Read Replies (1) | Respond to of 1686
 
Harold and all,
Today, BGEN gave a p&f sell on it's chart at $52. Tons and tons of stocks are doing likewise as there are only 36% of stocks on the NYSE that currently have bullish chart patterns. A reversal to $55 BEFORE the stock hits $51 would be a Bear Trap pattern and would be bullish. Look to my previous post for support levels. The downside price objective is currently $45. Each $1 move in the current column of O's will equal $2 additional dollars added on to the downside price objective. I'll keep the board updated.

Take care,
Bruce