Biotech Breakdown: Market Keeps Going, Biotech Catches Up (2/20/15)

Market Analysis

  • S&P still stalling at 2100, channel resistance sits in the 2140-50 area
  • DOW has yet to confirm S&P high
  • NYSE still sits just under 11100 resistance
  • Nasdaq at trendline

Biotech

  • IBB hits new highs, watch potential channel resistance
  • ISIS back above 65
  • INCY holds 80
  • SGMO at 17 resistance
  • KYTH taking off
  • Other stocks: NLNK, PRXL, SRPT, BLUE, RCPT, ICPT, BDSI
Posted to The Biotech Trader on Feb 20, 2015 — 9:02 AM
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