Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.07

-3.4%

3:59 PM EST

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To: HB who wrote (15841)	2/25/1998 12:29:00 PM
From: Allan Harris	Read Replies (1) of 32384

> And I think that the big move, though it will start fast, will give us plenty of time to get on board. The Point & Figure chart is setting up for a nice break-out BUY above 16. A rally now above 16 would provide an intermediate term trading opportunity with excellent risk:reward parameters. Buy at 16+ with a target of 26 and a stop below 14, risking about 2 to make about 10, for about a 1:5 risk:reward on the trade. Allan, King of France

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