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Strategies & Market Trends : Wolfgangrene's charts

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To: Biotech Jim who wrote (1532)9/14/2015 10:09:09 AM
From: The Ox  Read Replies (3) of 3976
 
My 2 cents on RIGL

Bounced very nicely off support in the mid 2.60s area. Running into overhead resistance in the 3.25 to 3.40 range. A break above this area could lead to a powerful rally.

Below 2.50 would be very negative next support would likely be around 2.00 to 2.07ish. A successful test of the recent lows could also be very positive for another move up.



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