Biotech hit the headlines
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Merk and Moderna absolutely ripped on the news of discovery of an antibody that have a breakthrough in cancer therapy. Its been a long time since we last saw such a huge upside move for biotech companies. I myself is a Registered Nurse by training. So seeing a medical company doing well warms my heart. However, investors who are looking to ride this bullish wave be careful. What goes up usually will come down. When it’s going to retrace nobody knows. So set your goals and stick to the plan if you are trading these stocks.
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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- AlexiaTours·08-20 21:52TOPMRNA clearing the long-term trend line on volume matters more here, and weekly RSI still does not look stretched. Biotech momentum finally has teeth 👀LikeReport
- a9032·08-20 21:52TOPMRK feels stretched after this pop. Has anyone seen a solid model on the antibody stage and actual addressable market yet?LikeReport