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SQNM Chart

 
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arthur
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PostPosted: Sat Feb 19, 2005 8:12 am    Post subject: SQNM Chart Reply with quote
This micro-cap biotech fell sharply Fri on very light volume closing below its 50 day MA for the first time over the recent rally. However, SQNM continues to hold its 50 day EMA and 200 day MA. Perhaps, a safe stop would be 1.10 (below its recent low and 200 day MA), because this stock has the potential to rally big (i.e. over 4).

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