Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: chowder	6/26/2006 8:56:30 AM
	Read Replies (1) of 13449

6/26 SET UP ... ALXN ... Long Term .................... ALXN enjoyed a sharp price rise during February and March with price jumping up 100% over that time frame. Profit taking ensued, taking price all the way back to a rising 40 week moving average where a price reversal has taken place. Last week saw price rise above the swing pivot of $34.52, suggesting we may see price continue its upward momentum. stockcharts.com Entry target $35.25. Initial stop loss $31.50. Profit target $4.00 - $9.00. dabum

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