Looking at the weekend charts, there are two sectors that initially stand out to me, biotech ($IBB) and healthcare ($XLV).
Focusing on biotech for now, the $IBB ETF had a lovely day of Friday breaking out from a multi-day base.
I’ll be keeping my eye on a number of biotech names this week looking for entries. The charts I like most are
- $AEGR
- $ALXN
- $AMGN
- $BIIB
- $BMRN
- $ILMN
- $NPSP
- $SGEN
I already have long positions in $BIIB, $NPSP & $SGEN.