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

To: Henry Niman who wrote (23453)	7/23/1998 1:24:00 PM
From: shasta23	Read Replies (1) \| Respond to of 32384

LGND drifts down with market but on low volume. The long term trendline is important and that is around 11.25.That's the mark to hold. If this mark is broken the stock is not in a long term uptrend any more. The low volume makes me think that this trendline will hold but for an upswing i believe that the stock needs another 4-6 weeks. As long as the trendline holds i will hold too. If it breaks "hasta la vista". Just an opinion. Stefan