Biotech – 22 June 2014

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.

IBB - Daily - 22 June 2014
IBB – Daily – 22 June 2014

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.