Hint this week: Quarterly timeframe.
Try to guess:
- The ticker symbol of the chart;
- The sector in which the stock trades; and
- Whether or not you think the stock will move higher or lower throughout the end of the winter months.
Thank you to everyone who has been playing along.
Please click on chart to enlarge
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act – Actavis – Drugs-generic
Lower
I believe this is a quarterly chart of an old Rhino favorite, $GILD. Hard to argue with the parabolic move in biotechs of late…but these moves always come to an end sooner or later.
It would be extremely difficult for me to have confidence going long here…even less confidence going short…so I’d rather eat some popcorn and wait to see how it shakes out.
Great work!
yeah for sure GILD. BIIB similar also, Its a new era in biotechnology, advancements in the field will defy the charts.
arwr drug delivery
Mastercard ($MA), which will move higher (bull flag)
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