Some Biotechs That Aren’t Up 1000% In The Past Two Hours and Other Setups for Week Ahead

The big theme last week (which I missed because I was at work….arrgh) was biotechs. ICPT went from $76 on Wednesday to almost $500 on Friday and the frenzy carried over to many other biotech names, whether they had news or not. There are a lot of names that are untouchable now because they are so extended, but it is possible that the momentum continues early next week so I looked for some names in this sector that aren’t extended beyond belief and could be tradeable. Here are the names I found.BSPMCGIXNVAXOMERPRANSTML I was stopped out of many names on Thursday as for the first time this year the overall market seemed to mask worse action underneath the surface for individual names, at least for …

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The big theme last week (which I missed because I was at work….arrgh) was biotechs. ICPT went from $76 on Wednesday to almost $500 on Friday and the frenzy carried over to many other biotech names, whether they had news or not. There are a lot of names that are untouchable now…

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Chart Swing Trader

Some Biotechs That Aren’t Up 1000% In The Past Two Hours and Other Setups for Week Ahead

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