Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.84

+2.8%

Nov 18 3:59 PM EST

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To: Henry Niman who wrote (17573)	3/18/1998 9:52:00 AM
From: Proton	Read Replies (1) of 32384

Re: Timing Timing Biotechs is tough. The chart has spoken, almost as clearly as Fug'i's G.I. tract! My work (as documented on this thread) had indicated that 15 1/4 was an important support area, and LGND obliged by touching it near the end of yesterday (St. Patrick's Day). I was unwilling to move my stop to that point without better action above 16. We shall see whether this morning's ebullience keeps LGND above 16 all day. Irrespective of that, 15 1/4 is now quite critical support. It appears that the garrulous Mr. T. has taken a vacation today, which, of course, means a holiday for the rest of us! :-) Pý

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