WDC Breaking Out + Two Biotech Names CLVS, GEVA

WDC broke out today, adding +2.62% to close at $107.8.  I think this could test $110 soon.  We locked in our profits on Jan calls:

for a nice +32.62% profit.

Biotechs continued to zoom higher.  We talked about CLVS in this week's Sector Watch.  I think it is still looking good:

CLVS climbed higher on Monday and today.  I wouldn't chase it here just yet.  But, in a couple of days, we could look at Jan calls.


GEVA just had a 3-day breakout!  It is looking very strong!  It could easily test $90 and go on to $95.  If you trade this one, give yourself some time on the options.  Try looking at February or March calls.

Good night and HappyTrading! ™

Posted to Happy Trades on Dec 09, 2014 — 8:12 PM
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