Biotech Breakdown: Markets Up, Biotechs Finally Take Part (10/16/15) | Marketfy

Christian Tharp

Biotech Breakdown: Markets Up, Biotechs Finally Take Part (10/16/15)

By Christian Tharp, CMT — Author

Market Analysis

S&P target remains 2050 (+/- 10 pts.)
DOW target still channel resistance
Nasdaq pushed through trendline resistance

Biotech

IBB pushed back above upper trendline
KITE testing 66, yet again
ALNY trade at 85 going well
SRNE approaching 9 again
PBYI broke through 80
ILMN broke above 150

Tickers: SPX IBB COMP ILMN KITE ALNY PBYI SRNE

Posted to The Biotech Trader on Oct 16, 2015 — 10:10 AM

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