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Biotech / Medical : Ligand (LGND) Breakout!
LGND 191.90+0.1%2:37 PM EST
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To: Bryan Arnold who wrote (480)1/9/1997 12:05:00 AM
From: Gottfried   of 32384
 
Bryan, for what it's worth, the 30-day moving average just crossed the 200-day moving average in an upward direction. Chartists
take that as a bullish sign, if supported by other signs. I am not
a chartist, so cannot elaborate on this. But I looked at a few other
charts where that had happened and in general it is true. Looking at
the trend for LGND, it's still up.

Gottfried
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