Bios Spark Naz
More progress
for the Naz, a winner for the ninth
time in 10 tries.
Volume was 5% higher, with the bios
the day’s stars, along with some widely-watched glamours.
Like most growth stocks, most bios
aren’t close to attractive pivot points for the intermediate-term player, yet
some, such as Cor
(
CORR |
Quote |
Chart |
News |
PowerRating) bear watching.
Among the names, Power One
(
PWER |
Quote |
Chart |
News |
PowerRating),
in a five-week base, moved up to just beneath its all-time high, and on rising
volume.
Ariba
(
ARBA |
Quote |
Chart |
News |
PowerRating) took out its
two-week triangular range, though on average trade.
Aspen
(
AZPN |
Quote |
Chart |
News |
PowerRating) cleared its two-week
pennant, falling short of a move above the top of its five-month base…volume
was about four times average.
Ciena
(
CIEN |
Quote |
Chart |
News |
PowerRating), up 57% over the
past three weeks, steamed higher into record ground.
i2
(
ITWO |
Quote |
Chart |
News |
PowerRating) rose to a five-month
high on slack turnover.
Micrel
(
MCRL |
Quote |
Chart |
News |
PowerRating) rose out of a
Cooper 1-2-3 pullback.
Check Point
(
CHKP |
Quote |
Chart |
News |
PowerRating) crept closer
to a five-month high.
Electronic Arts
(
ERTS |
Quote |
Chart |
News |
PowerRating) followed
through on Tuesday’s breakout of a four-week range.
Interwoven
(
IWOV |
Quote |
Chart |
News |
PowerRating) acted well in
the wake of Wednesday’s breakout, easing on muted trade.
Network Appliance
(
NTAP |
Quote |
Chart |
News |
PowerRating) inched
higher as it continues to recover from its 38.4%, late-July pullback.
Rational
(
RATL |
Quote |
Chart |
News |
PowerRating) skipped to just
beneath the top of its six-week trading zone.
Semtech
(
SMTC |
Quote |
Chart |
News |
PowerRating), showing superb
accumulation over the past eight sessions, exploded further into new high
ground.
Siebel
(
SEBL |
Quote |
Chart |
News |
PowerRating) snapped back
smartly from Wednesday’s high-volume markdown.