Friday, April 18, 2008

BioTreat

BioTreat ($0.335, 20080425):

BT dropped another 13% since last update on 20080418 to all-time low at $0.335, with a weak support at 0.24, all indicators are extremely bearish:


BioTreat ($0.385, 20080418):

1. There had been lots of warning in the media and the net about this stock since the middle of last year;

2. On 20080410 it dropped from an intraday high of 0.55 to close at 0.495. Some early warning signals had started to appear;

3. Volume increases and a Sell signal appeared on 20080417 followed by more confirmation signals.

Since our last coverage on 20071019, its share price has dropped about 50%. Click on chart for details:



BioTreat ($0.775, 20071019):

Double-Sell signals with bearish indicators, with supports at 0.70 and 0.65: