Biotech Breakdown: Market Pullback Before New Highs (11/6/15)

Market Analysis

  • S&P still sitting right under the 2120-35 resistance
  • DOW tested its prior channel support
  • Nasdaq closes in on a new high
  • Russell and Transports lag

Biotech

  • IBB testing 50MA
  • AAVL stalling around 50MA
  • PBYI pulled back to 88
  • XON declining from 40
  • VRX moved lower
Posted to The Biotech Trader on Nov 06, 2015 — 1:11 PM
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