Biotech Values

[greenehugh]

Yahoo repost: "Biotechs could be the next sector to pop in a big way. ...... the BBH broke out of a confirmed Adam and Adam double bottom (Bulkowski's terminology, not mine). It also broke out of a rising right triangle.

Volume has been below average the past few days but that's not surprising given the light trading usually seen during holiday week.

The BBH is tradable. Top ERG stocks in the Holdr include AFFX and ALKS. On Thursday DNA broke out and AFFX made a bullish engulfing bar. AMGN has been holding rock-steady just above its 20-day EMA."

---Dave S.