BIIB Poised for BO - Opinions

[Row]

Opinions on BIIB setup for BO?

I tried to paste a chart, but, for some reason I could not accomplish the task. Maybe, I need to hang around longer before I'm given that privilege; or, the chart size is wrong.

[skiracer]

Opinions on BIIB setup for BO?

I tried to paste a chart, but, for some reason I could not accomplish the task. Maybe, I need to hang around longer before I'm given that privilege; or, the chart size is wrong.

I don't think they discriminate here on who can or can't post a chart if you know how to do it. first you have to capture the chart and then upload it. how are you going about capturing the chart and what site are you using to upload it. try imageshack.com for free uploads. there is a program called Snagit that is very good and easy for taking captures. it costs $29.95 for a one time subscription but it's worth it and with imageshack.com you can capture and upload anywhere. there are some parameters that you have to meet regarding size but Karel will inform you of them if you post a chart to large. here's a weekly chart of BIIB and some observations on it.

[Row]

Thanks for the BIIB chart opinion Skyracier. I've been watching the stock for a little while and thought it was gathering energy.

Also, thanks about the uploading--I was trying to paste the chart. I'll use my photography website to upload from in the future.

[skiracer]

Thanks for the BIIB chart opinion Skyracier. I've been watching the stock for a little while and thought it was gathering energy.

Also, thanks about the uploading--I was trying to paste the chart. I'll use my photography website to upload from in the future.

I didn't mean to imply that the stock wasn't gaining momentum. that last bounce up off the bottom line from 42 range to it's close at 55 recently was certainly gathering energy. timing is key and it might be at a point where the timing is now to take some of those 13 pts. profit by whoever got in at the 42 level. and then again it might not be done with this upward movement. i was just suggesting that from what i see in the chart i would be patient because you could see a pullback of a few points here on some digestion of those recent gains and that then it would continue it's move up again. certainly breaking thru the top line range was strong energy on it's part. they usually stop to consolidate a bit after strong moves up like this has had over the past few weeks. it has all three of it's moving averages right underneath of it at around $50 which is decent support so it might not be pulling back to much but enough to provide an entry 4-5 pts. cheaper. good luck with it whatever you do.