Wednesday, December 28, 2016 3:53:22 PM
Lots of biotechs down today with the XBI down, consolidating the gains of the other day, at a higher support level than last week's test of the 200 dma. But note that the Parabolic-SAR now indicates a buy for the sector after the big gain on Friday.
ITEK specifically had news this a.m. of their chief scientific officer leaving-- maybe a salary dispute or something. But this selling seems overdone. I may buy some down here. This was one of $heff's three current holdings but maybe a stoploss was triggered?
ITEK specifically had news this a.m. of their chief scientific officer leaving-- maybe a salary dispute or something. But this selling seems overdone. I may buy some down here. This was one of $heff's three current holdings but maybe a stoploss was triggered?
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