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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.54+3.2%Jan 9 9:30 AM EST

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To: Proton who wrote (12867)12/30/1997 3:28:00 AM
From: Scusami  Read Replies (2) of 32384
 
P2:

<Interesting tell you've found there, Dr. J.! It provides further corroboration for the cyclical case I've made before. Look at the weekly chart and marvel at the consistent four-five month cycles in this stock. This is the timeframe for a cyclical bottom to establish.>

I looked at the cyclical nature of LGND on my weekly charts. It seems to me that an 18 week cycle has been going on for quite some time. I also saw an 8 month cycle. Both are at a low right now, further indicating an upturn is ahead for another 9 weeks.

Scusami
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