Buy viagra professional without prescription, This is a follow up to my post, "ISIS Pharmaceuticals breaches long term support." As many of you may know, posts from this blog are often (though not always) syndicated on SeekingAlpha.com. Buy cheap viagra professional online, In the case of my previous post on ISIS, I caught significant flack from the SeekingAlpha community, cheap generic viagra professional. Viagra professional pill, Among other things, I was accused of not understanding how to invest in biotech and generally missing the point on Isis' anti-sense technology, viagra professional cheap drug. Find no rx viagra professional, (For those interested, I actually posted on Isis' business and fundamental value in a previous post.)
Well, buying viagra professional, Viagra professional discount, I figure it's time to post a follow up to my previous post. To recap, buy viagra professional from india, Viagra professional information, here is the chart I posted on October 5, 2009, buy viagra professional cheap. This is a three-year weekly chart which I typically use to determine the intermediate/long term market trend driving the stock, buy viagra professional without prescription. Cheapest viagra professional price, In this chart, ISIS' stock has breached its 50-week moving average, cost viagra professional. Viagra professional no prescription, Remember that breaching the 50-week moving average necessarily means that the stock has also fallen through its 200-day moving average (not displayed). To me, cheap viagra professional from usa, Viagra professional overnight delivery, this means that, on a short term basis, cheap viagra professional tablet, Viagra professional buy, market participants have lost conviction in ISIS' stock. More worrisome to me than the interim breach of the 50-week moving average was the negative divergence in RSI during the stock's previous uptrend as well as the lack of any clear areas of support before the $12 range, order cheap viagra professional online. Buy viagra professional without prescription, Coincidentally, the $12 support level defined by several previous lows as well as the prior interim high seen on the far left of the chart also coincides with the $12.12 defined by the 200-week moving average. Viagra professional bangkok, As such, I made the call that "a retest of the 200-week moving average is not out of the question" and that there was "a potential 15-20% additional value at risk" on October 5, viagra professional professional, Buy viagra professional no rx, 2009.
Okay, viagra professional uk, Cheap viagra professional pill, now let's look at how the stock has traded since my call.
In the month following my call, buy cheap viagra professional, Viagra professional buy drug, ISIS hit a daily closing low of $12.31/share, basically right at the 200-week moving average (which averaged upwards slightly since October 5, purchase viagra professional no rx, Drug viagra professional online purchase, 2009).
Am I clairvoyant!?
No, online viagra professional, Canadian pharmacy viagra professional, of course not. In fact, I don't even consider myself primarily a technical investor, buy viagra professional without prescription. I merely use it to guide my short term decisions, cheap viagra professional in uk. Viagra professional sales, For those that write off technical analysis, however, cheap price viagra professional, Find viagra professional on internet, I think this is a great example of just how it can be used to improve your investing. I wasn't analyzing ISIS in hopes of timing my trades, buy viagra professional without prescription. Buy discount viagra professional, I was merely trying to establish a disciplined stop-loss for a position that I hold. Buy viagra professional without prescription, In the end, I did not buy back into ISIS, but instead allocated capital to BX on November 5, 2009. In the interim, best price viagra professional, Cheapest viagra professional prices, I saved myself from holding ISIS and losing an additional 12% on my position.
The key to remember with technical analysis is that it does not stand in place of or in contrast with fundamental analysis, where to order viagra professional. Viagra professional overnight, But, absent a market moving press release, cheap viagra professional in usa, it is a method of understanding how "Mr. Market's" voting machine will vote during a discrete period of time. I know this seems like very carefully chosen wording, but there is no such thing as one strategy which works in all situations in investing, buy viagra professional without prescription. The key is to stick with what you know and have the tools necessary to analyze different opportunities. In the case of determining emotionless stop losses and profit maximizing entry points, I am a believer in technical analysis.
Full disclosure: Author is long shares of BX at the time of writing. No position in any other stock mentioned. .
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