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Biotech / Medical : Biotech & Pharma.T.A,

BIB 83.12

-2.1%

Jan 30 4:00 PM EST

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To: Biotech Jim who wrote (3222)	4/24/2015 6:52:22 PM
From: Jibacoa	of 3722

Thanks for your comments on RIGL As I mentioned, the stock seems to have a good amount of resistances from the the Apr13 H at 7.61 to the Jul12 at 11.41 since the stock was on a trending pattern within that range, going back to Oct 2009. <g> Your plans for taking profits in the $6 to $8 range may turn out to be a good move. But first we will still have to wait and see if the stock is able to trade above the $5 level.<g> And also if there isn't going to be profit taking closing today's UG, like it happened right after the UG on Feb 23 <g> bigcharts.marketwatch.com We can see the "trending pattern" at the aforementioned range from 2009 to 2013 in this other chart: bigcharts.marketwatch.com Bernard

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