Will_Wong

LGND-Huge Multiyear Cup n Handle Pattern with first target $77

Long
NASDAQ:LGND   Ligand Pharmaceuticals Incorporated
Thanks to JXMFinancial who posted a multiyear chart of LGND that shows a very well rounded cup with the handle already breaking up with a first target of $77 and a second target of $118. It appears that 5 waves have been completed from the bottom of the cup to the neckline. A minor 5 wave down and a double abc correction completed the handle. We are possibly starting a new wave I up.
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