Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 205.44

-0.7%

3:13 PM EST

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To: Proton who wrote (17591)	3/23/1998 2:14:00 PM
From: Proton	Read Replies (1) of 32384

Re: March Madness, or Mild Neurosis? 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. -- Pý on March 18 As of this writing, LGND has come off the day's low at 15 1/4. If 15 1/4 holds, LGND will show a short-term double bottom at that level. After a brief skirmish around 16, the stock retreated quickly to support. LGND holding 15 1/4 is important. LGND holding 14 5/8 is critical. Pý (with nothing more than a little spring fever)

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