Biotech Breakdown: Market Stalls, Biotech Falls (11/14/14) | Marketfy

Christian Tharp

Biotech Breakdown: Market Stalls, Biotech Falls (11/14/14)

By Christian Tharp, CMT — Author

Market Analysis

S&P still sitting at resistance (2045+/-), channel resistance ahead (2070+/-)
DOW grinding higher
Russell still lags overall market

Biotech

IBB has pulled back, still appears to be doing so
ALNY forms "perfect storm" of technical bearishness
ISIS still at 50
INCY breaks above and holds 70
Other biotechs discussed: TKMR, CLVS

Posted to The Biotech Trader on Nov 14, 2014 — 10:11 AM

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