Biotech Breakdown: Markets At Highs, But Not Biotech? (2/13/15)

Market Analysis

  • S&P hits new high, looking at run to channel resistance (2140+/-)
  • DOW needs to confirm S&P high
  • Nasdaq breaks 4800 level, will trendlien resistance halt the rally, or is 5K on deck?
  • Russell hits new high

Biotech

  • IBB has been lagging, cause for concern?
  • ICPT through 200
  • CLDX breaks 20
  • BDSI above 14
  • Other stocks: PCRX, CMRX, SGMO, ANAC, JUNO, KITE
Posted to The Biotech Trader on Feb 13, 2015 — 10:02 AM
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