Biotech Breakdown: Positive Signs Are Building (11/25/15)

Market Analysis

  • S&P paused this week, possibly building for a move higher
  • DOW closing in on prior channel support
  • Nasdaq 4900 mark should be held on any large pullbacks
  • Russell forming a reversal pattern


  • IBB hitting 340 resistance
  • KITE getting close to 52-week high
  • VRX rally could be preparing to resume
  • BLUE bounced on 80, now at 90
  • ICPT stalling at 185
  • PBYI reversal holding, but looking weak
  • ANAC back above 112
  • AAVL back at 10
Posted to The Biotech Trader on Nov 25, 2015 — 4:11 PM
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