Biotech Breakdown: Nasdaq Breaks Out, Biotech Goes With It (6/19/15) | Marketfy

Christian Tharp

Biotech Breakdown: Nasdaq Breaks Out, Biotech Goes With It (6/19/15)

By Christian Tharp, CMT — Author

Market Analysis

S&P continues higher, as forecast. Sits at 2120-25 resistance zone
DOW continued higher as well, lagging a bit
Nasdaq breaks ascending triangle resistance
Russell 2000 hit new all-time high with the Nasdaq

Biotech

IBB breaks 368 resistance, FINALLY
XON tests 50
REGN continues off 500
RDUS pops higher
JUNO fell hard this week
RCPT seems to be stalling under 190
KITE resistance at 65

Tickers: SPX IBB COMP KITE RCPT JUNO REGN RDUS XON

Posted to The Biotech Trader on Jun 19, 2015 — 10:06 AM

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