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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Allan Harris who wrote (631)3/8/1998 9:31:00 AM
From: Allan Harris  Respond to of 34810
 
>The rare and wonderful Bearish Signal Reversed has been triggered in LGND, Ligand Pharmaceuticals.

Ligand's bullish pattern continues to look good here at 15.50. A move above 16.5 would break a double top and signal a move to the mid-20s. Stops can be placed just below 13.5, a break of a double bottom, for an excellent risk:reward profile. The fundamentals on Ligand are explosive. Check out the SI thread.

Allan,
King of France