Biotech Values

[gym gravity]

And now you must agree that MNTA is above major support. I could've added another s&r line on this at about $10.20 and that would exagerate that yesterday's dip was a nice backtest of support after blasting upwards so quickly.

one chart guy I used to listen to on the radio obsesses about big volume days and always says those days get tested soon. the MNTA chart "makes him right" this time, the way it bounced up to test the $10.75 area (the bottom of the price range of the two days where MNTA traded ultra high volume in september) he also teaches that the only way to get through those prices is to do it on bigger volume. this second principle is where he fails most of the time.

I say the stealthy volume build since mid september sets up a big upwards run soon...



http://investorshub.advfn.com/uimage/uploads/2009/11/11/lhntcScreenHunter_438.jpg