Finance/Crypto thread by @LogicalThesis

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As promised, here is a chart review of my favorite bio/healthcare/life sci names right now, which is clearly the strongest sector. Share this post if you found value in it.

Let's start with the $XBI
Won't even give up the 6EMA. Headed for multi year high close on the weekly.

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Two names with clearly buyout behavior $ABVX my largest. Long since 10 pre data
$CELC seemingly good value on both still

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$MRK recent whale bought Apr 100Cs
Makes acts yet market takes it higher
Still 40% below highs
Won't even give up daily 6EMA
Nice rounded bottom
Look at that accumulation volume
Sellers were exhausted as we head higher

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$SNDX consolidating above prior highs
Won't even give up the daily 6EMA
Recent TAM expansion with successful PDUFA
IH&S on monthly
Nice accumulation volume

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$KURA recent FDA approval
Nice accumulation volume
Won't even give up the daily 6EMA

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$AVTX won't even give up daily 6EMA
Nice stage 2 uptrend
Nice accumulation volume
Potential buyout candidate
Lead in HS after $MLTX fail

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$PALI just floating higher
$ABVX sympathy
Exec from ABVX went there recently
MOA has credibility
Big funds involved

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$HROW daily meh cuz retail sells bc they don't know what they own but stock is cheap and sitting on weekly 21EMA

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$SNDA Elderly healthcare REIT essentially
Under the radar
Strong mgmt team and financials
Excellent capital allocators
Nice weekly base
Nice accumulation
Won't even give up the daily 6EMA

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$PEPG consolidating at highs post read out
Likely runs into next data readout

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$TXG biz reaccelerating
3X EV/S
Won't even give up the daily 6EMA
Nice higher low on weekly base
Potential stage 2

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$PSNL recent insurance coverage huge catalyst
200w SMA used to be resistance now support
Getting indiscriminately shorted bc it's in $ARKG

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$RPID similar look finding support at what used to be resistance
$MRK partnership ramps in 26
Won't even give up daily 9EMA

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$AGIO recovery play
Overreaction trading at cash with strong pipeline
Down to support lows
They sold puts and bought calls

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If you liked this post, please share! Now is the time for the biotech bull market. The water's warm.

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Tagging folks who might be interested

@ConnorJBates_ @HostileCharts @stocktalkweekly @TedHZhang @SixSigmaCapital @ZaStocks @OptionsHawk

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@Maximus_Holla

As promised, here is a chart review of my favorite...

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