It’s been a great biotech world for a while now and names like $CELG, $GILD and $REGN have been stealing the front page headlines, but a couple of the old men of biotech/healthcare are shaping up nicely.
$BMY is flagging bullishly after its Oct 31 breakout. The stock tried to make new highs on Friday but failed. I like it over Fridays high for a move into the mid 60’s.
$MRK has become the $GM of biotech, but I like the setup. Like it over the 60 level for mid upper 60’s.
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