Biotech Breakdown: New Highs For The Nasdaq, What About Everyone Else? (7/17/15)

Market Analysis

  • S&P rallied this past week, currently sitting at 2125 resistance zone
  • DOW pushed above trendline, but now dipping back below it
  • Nasdaq hit new highs this week

Biotech

  • IBB pulling back a bit today
  • ICPT breaks out of a double bottom
  • INCY may be pulling back to 110
  • SCMP shoots higher
  • BMRN stalling under 150
  • REGN continues higher
Posted to The Biotech Trader on Jul 17, 2015 — 10:07 AM
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