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[sharechat] ANP - Phaedrus ?

From:	Derek <dkw@paradise.net.nz>
Date:	Sat, 20 Apr 2002 10:00:02 +1200

ANP , Antisense Therapeutics (ASX). Interesting spike up here, there are 
either a few techies trading on the RSI etc or there is some news not out yet.

There was a 4 month downward trend break on the 16 April indicating a buy, 
the RSI also signaled a buy 16th April (16 th April price 14c). The share 
price crossed the 30 day moving average early yesterday (19th April) at 
about 15.5 c signalling  another buy, closed yesterday 18.5c.

Phaedrus, I think I am starting to get a handle on the buy and sell signals 
but does TA give any clues as to whether ANP has been overbought ? Can it 
help to predict where to from here for ANP ?

Regards,
Derek

(disc, don't hold any ANP)

anp.gif

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