Biotech Breakdown: Market Correction Over? (10/22/15)

Market Analysis

  • S&P appears to breaking above our resistance zone
  • DOW is above channel resistance, but hitting 200MA
  • Nasdaq popping big today thanks in part to earnings releases


  • IBB still not gaining much traction
  • KITE has broken 66
  • PBYI has moved higher off 80
  • SRNE still resisting 8
  • ARWR struggling to get back above 5
  • VRX tanked this week, but rally is underway
Posted to The Biotech Trader on Oct 23, 2015 — 11:10 AM
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