BIOTECH: Buy-side Order Flow Increasing

Discussion in 'Stocks' started by NoiseTrader, Apr 13, 2006.

  1. I'm see a stealthy order flow creep into Biotech and this is a sector I am avidly stalking. Watch this sector for a tactical trade and a bounce.

    We’ve seen a mini-selling climax and a structural break of bottoms which is creating a variant perception between momentum sellers and value buyers.

    I've bought ABI and BIIB already and have taken partial proftis. I’m going over names like: GENZ, GILD, CELG, PDLI, AFFX, CVTX, TECH, ALKS, MEXD, ZGEN & CBST as possible adds.

    The reference chart is posted here:
    http://street-noise.net/articles/?p=53

    Be glad to share my daily list of actions taken in stocks (and commodities) and my pre-opening trading plan, send me a PM or go to my blog:

    Use the "Send me your BUY LIST" button, right-hand column at: http://www.street-noise.net/articles/