Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.34

+0.1%

3:59 PM EST

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To: lavalamp who wrote (11036)	11/13/1997 3:12:00 PM
From: shasta23	Read Replies (1) of 32384

HI LAvalamp! Since a few month i'm learning TA and found the resistance with something called fibonacci retracement lines. You connect the recent low in April with the last high and Metastock plots the necessary lines. ON Oct 27 and 28 this line held also and therefore i thought this should be a valid line. But i'm still learning to use more TA in my trading. BTW now i would have gotten out of LGND around 10/20 when the 5ema undercrossed the 13 ema. PRice at that time around 16 1/2-3/4. These are all tuition costs in the market college. And like i always said...i Like LGND for the long term mucho!! Stefan

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