NASDAQ:LGND   LIGAND PHARMACEUTICALS INC
70 6 1
Courtesy of Quag G of WWW.MajorMarketMovements.com, here is a new EW count for LGND             .
$91 is coming up. This count is so accurate that I can't even believe myself. This baby is relentless......I am trying to get an entry point during a pull back but she is not pulling back. Huh!
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Will Wong Will Wong
snapshot
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By tagging the length of wave {iii} to {iv}, wave {v} can get as high as $91. Can even get higher as EW rules state that wave {iii} cannot be the shortest. In this case, wave {I} is the shortest.
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I think {iii} (purple) is nearly completed with an ABC correction to {iv} coming up.
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Analyst up LGND to $94

http://www.lulegacy.com/2015/04/01/ligand-pharmaceuticals-price-target-increased-to-94-00-by-analysts-at-deutsche-bank-lgnd/429423/
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B wave in progress. Could end up with a complex double or triple ABC based on the length of wave {ii} Purple.
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