These are some of the biotech leaders. Technically, they are all very strong but fundamentals are iffy. Trade accordingly. I own 7 of them with very tight stops. These are speculative and I would not recommend them and don't expect to buy them for clients. Just pointing them out.
I would buy every one of these if they had a great earnings report and gave great guidance. Unfortunately, I can't say any of them have that yet but relative strength is impressive.
These are the perfect chart pattern setups I have traded for 35 years. Earnings are lacking on most of them. O'Neil would slap my wrist right now. Pointing them out. If I had ONE indicator to follow and I was pushed in a corner and it was life or death, Pick Relative Strength.
For every plrx, you get a cprx. Is it worth it?
Add TGTX that Marty Chargin profiled today.
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