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Biotech is on Absolute Fire and is Just Getting Started

Posted on 1/25/21 at 4:50 pm
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/25/21 at 4:50 pm
Risk / Reward couldn't be better. Check out the weekly charts. We all know about BNGO but there are plenty flying under the radar that are just now breaking out.

HTGM
HTBX
CLVS
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36764 posts
Posted on 1/25/21 at 4:58 pm to
Well shite this can't be good for biotechs
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31165 posts
Posted on 1/25/21 at 5:21 pm to
So what about the ones you listed makes you think they're ready to pop?
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 1/25/21 at 5:27 pm to
quote:

So what about the ones you listed makes you think they're ready to pop?




Didn't you hear him, the risk/reward couldn't be better
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35362 posts
Posted on 1/25/21 at 5:29 pm to
Get your puts in boys
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/25/21 at 5:31 pm to
Double bottoms and year long consolidations on those specifically, just now breaking out with volume picking up.
This post was edited on 1/25/21 at 5:38 pm
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61295 posts
Posted on 1/25/21 at 5:35 pm to
Is waiting until the end of the week too long?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/25/21 at 5:58 pm to
quote:

So what about the ones you listed makes you think they're ready to pop?

quote:

Double bottoms and year long consolidations on those specifically, just now breaking out with volume picking up.
Not only that but today's date is 1/25/21. If you add the digits of today's date you get 11 (1+2+5+2+1=11). If you multiply 11 by 2 (because of the double bottom) the result is 22. Then when you subtract the year, 21, from 22 you get 1 and January is the first, aka, #1, month of the year. And we are in January!

That CAN'T be a coincidence!! It means buy now!
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 1/25/21 at 7:36 pm to
I'm not sure consistent flirtations with the zero lower bound are what people have in mind when they talk about double bottoms:

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