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Strategies & Market Trends : Three Amigos Stock Thread

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To: Magnatizer who wrote (9102)	9/26/1998 10:33:00 PM
From: LTK007	Read Replies (1) of 29382

Ligand(LGND)--2nd Opinions commentary on its TA as 9/26 COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a POSSIBLE TREND REVERSAL Relative Strength is BEARISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is falling which is BEARISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 6.64 Stochastics indicate stock is OVERBOUGHT RECOMMENDATION STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 3 IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 8.20

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