Biogen Message Board - Msg: 5418659

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biogen

BIIB 181.93

+2.9%

Nov 25 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Harold Engstrom who wrote (698)	8/5/1998 2:45:00 PM
From: Bwe	Read Replies (1) of 1686

Harold and all, Today, BGEN gave a p&f sell on it's chart at $52. Tons and tons of stocks are doing likewise as there are only 36% of stocks on the NYSE that currently have bullish chart patterns. A reversal to $55 BEFORE the stock hits $51 would be a Bear Trap pattern and would be bullish. Look to my previous post for support levels. The downside price objective is currently $45. Each $1 move in the current column of O's will equal $2 additional dollars added on to the downside price objective. I'll keep the board updated. Take care, Bruce

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next