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Livermore Index “Trading Setup of the Week”

January 14, 2010

For active traders top-ranked Livermore Index stock Biogen (BIIB)  is creeping up to make a decisive breakout that could eventually reach recent  long-term resistance at around $70 if it is successful. It would appear that a $55.50-$56.50 price would be a target for purchase with an 8-10% stop leaving an attractive reward/risk setup. http://stockcharts.com/h-sc/ui

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