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Biotech / Medical : Ligand (LGND) Breakout!
LGND 197.62+0.1%Dec 24 12:59 PM EST

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To: Machaon who wrote (26579)11/17/1998 3:40:00 PM
From: bob zagorin  Read Replies (1) of 32384
 
someone posted they see a head and shoulders top. i disagree.

the sep low (closing) was around 6; the high around 11.5
oct. low about 7; high about 12+
now we have a nov. retrenchment to around 10. if the stock moves up to above oct. high, we will continue the rebuilding pattern of higher lows and higher highs.

might also note that BOP telegraphed this correction showing red for last week or so.
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