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6/21/99 Chiron Corp (CHIR)


Points to watch:  Chiron has been declining since peaking on December 31st, and Friday closed at important support (the 62% retracement of its September 4th 1998 to December 31st rally). OBV has been in a downtrend since the start of the year, and daily MACD gave a sell signal on January 21st. A breakdown below the support at 18.83 would give a further sell signal, and the stock would likely test the 15-16 area before finding support.

 

 

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Last modified: April 02, 2001

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