BUY DVAX $1.84
BUY BCRX $12.83
Markets sold off today as predicted on Friday. The US$ rallied this morning before coming off and closing down below the downward trendline. This helped the markets later this afternoon to recover some early losses. I am currently hanging onto my positions as they are still showing some strength and resiliency. I said I would be selling some long positions this week but I will see how the markets trade tomorrow before hedging some positions or scaling back on my positions.
DVAX showing some good volume and bounce off the upward trendline. First target $2.20.
BCRX had a good break out of a flat trading range and is consolidating nicely here. Watching to see if there is follow through with a secondary breakout above.
Pharmaceuticals were on fire today. Case in point SVA, +53% today!! HLCS, +60%!!
I will be watching this sector close with swine flu stocks looking strong. Keep an eye out for a breakout in NVAX!!
BUY BCRX $12.83
Markets sold off today as predicted on Friday. The US$ rallied this morning before coming off and closing down below the downward trendline. This helped the markets later this afternoon to recover some early losses. I am currently hanging onto my positions as they are still showing some strength and resiliency. I said I would be selling some long positions this week but I will see how the markets trade tomorrow before hedging some positions or scaling back on my positions.
DVAX showing some good volume and bounce off the upward trendline. First target $2.20.
BCRX had a good break out of a flat trading range and is consolidating nicely here. Watching to see if there is follow through with a secondary breakout above.
Pharmaceuticals were on fire today. Case in point SVA, +53% today!! HLCS, +60%!!
I will be watching this sector close with swine flu stocks looking strong. Keep an eye out for a breakout in NVAX!!
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