A detailed look at the chart of the biotech sector ETFs: XBI, IBB & PBE as well as some of the leading stocks in the biotech sector. As this video went a bit longer than I anticipated, I decided to post the daily charts of some of the top individual biotech stocks in static format [...]
This video is a follow-up to the Biotech Wreck Pending video published on July 30th. The video starts with coverage of the biotech sector ETFs; XBI, IBB, & PBE, followed by a quick look at a few of the largest components of the biotech sector. Although key support levels & prices targets as highlighted in [...]
These are the charts of some of the largest components in the biotech sector. My reasoning for closing about 60% of my biotech shorts shortly before the close yesterday & closing the remainder shortly after the open today, as well as reversing to a long position, was the fact that the majority of top components [...]
This video covers the biotech sector starting with an overview of PBE (PowerShares Dynamic Biotech Portfolio ETF) and IBB (iShares Nasdaq Biotechnology Index Fund ETF), both of which are very close to triggering major sell signals. In the coming months, my expectation is for a drop of at least 20% in the biotech sector with [...]
The following short trades will be moved to the Completed Trades category. Some of these trades were profitable, hitting a price target before bouncing while others were stopped out for a loss. In in effort to streamline the number of Active Trades on the site, I plan to continue removing any trades that no longer [...]
REGN is one of several active short trades offering an objective entry or add-on while backtesting the recently broken uptrend line.
REGN is offering an objective entry here as it backtests the recently broken long-term uptrend line. T2 is the current preferred target with the exact target levels to follow soon.