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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


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



To: Magnatizer who wrote (9102)9/26/1998 10:44:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
CORR is interesting David,beaten down,oversold,and giving a slight sign of turning---if you get a chance could you check the TA on the BioTech DCRN-this one really interest me.Max