Biotech Breakdown: Market Stalling, But Up Is Still The Word (2/27/15)

Market Analysis

  • S&P continues to chop its way towards channel resistance
  • Nasdaq seems destined to hit 5000
  • NYSE trying to push further above 11100
  • Transports have yet to confirm Industrials high

Biotech

  • IBB still hitting new highs
  • PRXL finally moving higher off 64
  • RGLS moved closer to 20
  • SGMO back at 17
  • Other stocks: KYTH, KITE, INCY
Posted to The Biotech Trader on Feb 27, 2015 — 8:02 AM
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