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Replies to #1272 on Entremed (ENMD)
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SyndicateMM

11/30/04 12:18 PM

#1275 RE: reason4 #1272

TA Update:







Clearly, what i had suggested aa a possibility one month ago, has taken place.

http://www.investorshub.com/boards/read_msg.asp?message_id=4534888

The stock is now on both short and intermediate term buy signals for the first time in months.

The action here is promising and the volume is suggestive of good things ahead. (so much for early October being 'manipulation'?)
I still see $2.70 as a hurdle that we need to overcome, as per this post:

http://www.investorshub.com/boards/read_msg.asp?message_id=4257667

We are somewhat overbought in the very short term. However, not so at all on the weekly.

I will provide some more detail later...

Best Regards,
Syndi