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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: celeryroot.com who wrote (22882)7/2/1998 10:12:00 AM
From: Proton  Read Replies (1) | Respond to of 32384
 
Re: More On Topic Stuff!!

At 12.5 now an excellent buying opportunity

The successful basing above the 12 June low at 12.25 is encouraging. That low provides a nice, tight stop for a trade (depending on your discipline, anywhere from 11.9375 - 12.125).

A wider stop would be to respect the January spike low at 10.875.

As has been mentioned many times on this thread, we need events to move this stock. We'll only see what works "in the fullness of time" (am I the only one who remembers the late Ed Hart from FNN?).