Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.35

-0.8%

Dec 2 3:59 PM EST

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To: Allan Harris who wrote (15860)	2/25/1998 1:32:00 PM
From: Proton	of 32384

Re: Potential P&F Signal The Point & Figure chart is setting up for a nice break-out BUY above 16... Buy at 16+ with a target of 26 and a stop below 14... These parameters are consistent with the support and resistance levels about which I've been table pounding, so I think you're on to something! :-) Thank you for sticking your neck out (something I would never recommend the King of France do) with this call. The coil is tightening on this stock. If the chart triangle portends a strong move, a break of 15 1/4 or 13 7/8 will provide the indication (note to Tony: while I have an opinion on the direction of the next move, my call about "Judgement Day" is direction neutral). Pý (don't know if this technical speculation is zero-, one-, or two-cheeked)

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