Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BTK.X, BBH and BGEN (possible continuation downside and shorts GILD/GENZ) BGEN might recover in the 37 area of support. The bounce should have been off the 20 period ma and the resistance (short) at the 50 like QLGC, NVLS CYMI and the rest of the techs, but I wanted BGEN long while at the same time I wanted to short the techs. Now I will wait for a better set up and be more objective.





The biotech Holders actually triggered a CCI buy signal and hte that has been accurate in some major reversals usually for BUY triggers, but we need confirmation.
The tracking stocks are usually leading 'indicators' of reversal (BGEN)