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Replies to #86172 on Biotech Values
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wallstarb

11/11/09 7:51 PM

#86176 RE: gym gravity #86172

Good luck with it - it's not a bullish chart - lower highs and lower lows over the last 5 months - a descending channel. Technically there's nothing bullish at all about it.

If it breaks the top of the channel then thats a different story. We'll have an uptrending market after a little pullback over the next few days so it's got a few strong weeks to try. But technically I could find a lot of different names int he biotechs that are "technically" bullish - MNTA isnt a bullish chart.
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wallstarb

11/11/09 8:02 PM

#86178 RE: gym gravity #86172

looking for? huh? I'm not looking for anything.