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Healthway Medical: Breaking an important support.

Thursday, February 11, 2010



Healthway Medical relinquished its 14c support level today  and with it the hope that it might consolidate at 14c.  Closing at 13.5c, it seems that people waiting to collect more shares of this counter at 13c might just get their wish.  Volume continues to be very thin but in the absence of any buying momentum, as is evident in the declining MFI, the chances are greater for its price to continue drifting downwards.




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Healthway Medical: Growing a defensive business
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Healthway Medical: A seven months journey

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