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Biotech / Medical : Ligand (LGND) Breakout!
LGND 196.50-0.3%11:19 AM EST

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To: Machaon who wrote (16086)2/28/1998 4:15:00 PM
From: Proton  Read Replies (1) of 32384
 
Re: Take All the Time You Want Mulling This Over [to all]

Volume and price action augur well for LGND. Break of 15 1/4 needed for partial verification of bullish case, 16 for strong verification.

Possible stop points include 14 1/2, 14 3/16, and 13 11/16 (my current fav). I will raise stop on my s.t. trading position to 14 1/2 on full sixty-minute bar no lower than 15 5/16 and 15 3/16 on daily close above 16.

Happy Days, barnyarders and Buffetologists...

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