Dow: +59.71…
Nasdaq: +20.18… S&P: +8.75…
The year is winding down quickly, so volume should start fizzling away even more as we approach Christmas week.
Today AQXP broke out +2.29 or 14.8% for us.
I am looking at another name that looks good in the biotech patch. Right now it’s at the neckline of a bullish inverse head and shoulder pattern. Let’s initiate a position in EDIT tomorrow between 16.75 and 17.25. Use the 15.75 level as your stop for now.
See you in the morning.