About this document
Analyzing Biogen by ACasey101 is a document available to read on EtoBox.
The document summarizes two point and figure (PnF) counts performed on the stock price chart of Biogen (BIIB). A large modified PnF count of a decade-long trading range produced a price target of $395-$415, which the stock recently reached before turning down. A smaller count within the range yielded targets of $161-$153, propelling the stock above long-term resistance and starting a multi-year uptrend. The analysis demonstrates how Wyckoffian techniques can be applied to take large horizontal PnF counts an
- Author
- ACasey101
- Language
- EN