Biotech Breakdown: Market Rallies, Biotechs Don't (10/9/15) | Marketfy

Christian Tharp

Biotech Breakdown: Market Rallies, Biotechs Don't (10/9/15)

By Christian Tharp, CMT — Author

Market Analysis

S&P should eventually make it to 2050 +/-
DOW channel resistance sits near 17300
Nasdaq underperforming noticeably

Biotech

IBB sits just under its upper trendline. A push above 310 would be positive
ICPT broke above 180, should run at 200
VRX cleared the 170, should make it to 180
ILMN stuck between 140 and 150
KITE back near 66
INCY held 100
REGN testing 500

Tickers: SPX IBB COMP VRX ILMN KITE INCY ICPT REGN

Posted to The Biotech Trader on Oct 09, 2015 — 10:10 AM

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