-
Is There Further Upside In INFI?
Yesterday the biotech sector led the way in relative strength after the overall market traded lower on Tuesday. Shares of the IBB closed at $166.81 after opening the day at $163.34. IBB was up 2.81%, while SPY was down 0.04% The biotech sector closed above short-term resistance, as you can see in the above chart.…
-
Breakout Watch: XBIO
Often we lose track of stocks that were widely spoken about and in-play the prior week. I highly recommend that you continue to monitor stocks that were in play the week before. You can keep a list or set alerts at key levels so that you are aware if any of those stocks make significant…
-
How To Play The Next Catalyst Runup
When you’re learning how to trade biotech stocks, you should focus on catalysts. The whole idea here is: traders and investors may buy stock ahead of its catalyst. Consequently, the biotech or pharmaceutical stock’s price gets pushed up. Now, there’s one thing to keep in mind, you should not hold a stock into a catalyst…
-
Top 9 Biotech Penny Stocks
Penny stocks are high risk, and because the health care industry is one of the most volatile areas even for large companies, biotech penny stocks carry higher risk than most. Medical penny stocks are attractive because investors who do their research can experience significant, rapid growth when they invest in the right small biotech firm.…