Biotech Breakdown: Market Holds, Biotech Bounces (7/31/15) | Marketfy

Christian Tharp

Biotech Breakdown: Market Holds, Biotech Bounces (7/31/15)

By Christian Tharp, CMT — Author

Market Analysis

S&P continues to push towards 2125-35 zone
DOW should run to 18K (trendline)
Nasdaq's back above 5100
Transports pop big this week

Biotech

IBB bounced off 50-day MA
REGN approaches 560
XON bounced off 60, as forecast
VRX trading between 250-260
RDUS gets a bounce off 75
AAVL could be a short at 15
MNKD continues to fall since breaking 5

Tickers: SPX IBB COMP VRX AAVL REGN RDUS MNKD XON

Posted to The Biotech Trader on Jul 31, 2015 — 10:07 AM

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