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Biotech / Medical : Ligand (LGND) Breakout!
LGND 189.93+0.5%Jan 2 9:30 AM EST

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To: Street Walker who wrote (26555)11/17/1998 4:52:00 AM
From: SnowShredder   of 32384
 
LGND chart wise is forming a Head and Shoulders top, and is sitting @ the neckline...normally I would say this is bad (especially if tomorrow closes below todays low), but I'm not sure how to read it considering the news...it should be a fun watch (from the sidelines). A close above mid $12 would be very bullish in that...an indicator I'm tinkering with says that it might breakout above $13 soon(indicator is still extremely experimental...so do I trust it...no :)???

Best of Luck,

Where'd He Go?
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