Biotech Breakdown: Positive Signs Are Building (11/25/15) | Marketfy

Christian Tharp

Biotech Breakdown: Positive Signs Are Building (11/25/15)

By Christian Tharp, CMT — Author

Market Analysis

S&P paused this week, possibly building for a move higher
DOW closing in on prior channel support
Nasdaq 4900 mark should be held on any large pullbacks
Russell forming a reversal pattern

Biotech

IBB hitting 340 resistance
KITE getting close to 52-week high
VRX rally could be preparing to resume
BLUE bounced on 80, now at 90
ICPT stalling at 185
PBYI reversal holding, but looking weak
ANAC back above 112
AAVL back at 10

Tickers: SPX IBB COMP VRX KITE ICPT AAVL BLUE ANAC PBYI

Posted to The Biotech Trader on Nov 25, 2015 — 4:11 PM

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