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Is LGND positioned for a breakout? New 52 Week Closing High shows up after advancing 2.42%
On Thursday, July 2nd, LGND moved up 2.42% while volume was to 1.1× the usual levels. The session formed a New 52 Week Closing High, often signaling a possible continuation. Key support levels exist at 312.21, 304.87 & 300.98, with resistance at 323.44, 327.33 & 334.67. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of LGND: A
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