SHORT BIIB TILL IT REACHES 235.00. OR ELSE GIVE ME JUST 1 REASONBiib is ripe for short. It has hit SMA200 on the weekly chart. The dialy pitch fork and trendlines are on this chart. The squeeze is negative. Wave C is below zero. Y would I not short this stock.. I am entering short with all I got... Shortby MONEYMENOW114
BIIB, give the stock a chance.BIIB, just had a slight breakout for the second day. The stock has a chance for a bigger move to the 310s - 320s area, if the measured move works out. This will be a longer term trade. You have to give it a few months. I am long the options to take the anxiety out of the trade. This is a 2 hour chart.Longby jamespwuUpdated 0
Gap play in BIIBCurrently in ascending triangle. A break above the resistance will leave room for filling that 383 gapby AQNguyen0
Side Way Bottom BIIBcase 1. test dubble top break out follow call 299.30 cut 299 exit 317 (trend line) case 2. wait and see follow break trend line 317by NopChai1
BIIB break out triangleBiib break out triangle. price maybe rise up to close gapLongby NaiyanuchSuwandalud0
Time to Buy $BIIB?U can wait price to push above 304 area if that 16% measured move has a chance to achieve. It really looks strong from here but requires confirmation. The bottom bullish triangle has a good chance to achieve its measured upside move but the risk is also very high. Take small position to avoid unforeseen shocks. Real-time alerts try www.2waytrading.comLongby Xafada0
BIIB BreakoutBIIB is coiled in, and has broken out in my humble opinion. $400 target.Longby jaggubarot0
$BIIB - Do or Die moment coming upNeeds volume for breakout but looks good and has roomLongby deepiceman0
Picking a fight with the biggest guy.Biotech is all the rage, I'll play for a quickie short on this once it gets to 412ish, provided it puts on a reversal candle of some sort first.. It'll be highly technical, you have to be very surgical, it's like picking pennies in front of a train, it's like cheating death, and me likey. A better way to play this is to sell some call spreads once it gets to 412 (RSI red hot by then, probably), that way even if it consolidates, you still get the time decay. One shortcoming is liquidity on BIIB options is how do I put this delicately, shtty.by Jakeccc0
#BIIB bull shark&batAfter completing the bearish bat (green) to the tick possible bullish shark and bat completing at same level 280.83 for along, if the PA reaches that level.Longby fximperija1
BIIB Outside of long term trendI would not call it a short yet after todays almist 2% run for the markets, but i am not playing this long either. It went out of a long term trend, just like about everything im watching. Markets should be making a bounce, but if it fails to top the previous high, it will be a H&S pattern and won't lead much to anything. This is a big player, and so is ALXN that had a indecisive week with ups and downs for +-5%. Biotechs are quite stable regarding the whole market nowadays - i was expecting a bigger drop for them. So now i am watching ALXN, NVAX, BIIB, ARIAD and ACHN. Be cautious as one day run after 10 days slump is not something to parade yet. by A-shot111
BIIB. DailySymmetric Triangle brake_out. Wolfe Waves 5 potential. Broke 200 sma. OBV has broken the uptrend_line. RSI bearish. MACD cross_over. Under 0. Target_1 : 300 Target_2 : 292 (1-4 Line)Shortby rv2
The upper boundary of the cloud can serve as a stop line.The upper boundary of the cloud can serve as a stop line.Longby bigrediska1
The upper boundary of the Cloud is a good support.The lower boundary of the Cloud is a good level to place the stop order .Longby bigrediska1
The movement may continue up to the upper border of the channel.The movement may continue up to the upper border of the channel.Longby bigrediska0
Stop can be moved up seven percent.EMA 50 now serves the same support as before EMA 200. That is why, now stop line can be moved there. Here we must note that the picture is becoming more positive. The Ichimoku Cloud is no longer resistance. Finally confirmed the trend line and the pattern "a Cup with a handle".Longby bigrediska0
Low volatility means that the stop is near.Low volatility means that the stop is near.Longby bigrediska3
Biogen is ready for a good run. I know a lot of you aren't fundamentalists, but I just wanna say that when the stars align (Fundamentals and Technicals), it indeed is a rare and fortunate occasion. Nothing fundamental has changed, it just caught in a minor (bio/internet momo)correction last month, whcih I think is healthy. This bad boy got a little ahead of itself since Dec 2013, hammered back into its previous channel with Gilead in late March, since then it's been in full fledged limbo dance. It started to show signs of bottoming last week, although it rallied 5% today, I still think it's got some room to run given today's low volume. I think many people are still gun shy from last month's selloff and scared shtless to come back in. They will eventually come slowly rolling back into this sector. Another very encouraging sign is that Biogen broke 300 level along with other two sector leaders Gilead and Celgene, all broke previous resistance, 80 and 150, so again, stars aligned today. I'm a rookie in terms of chart analysis, but I do know this company, it's got a robust drug pipeline and solid balance sheet. It is NOT an expensive stock comparing to its peers. If you missed today's action, it shuoldn't stop you from building a position tomorrow. I am somewhat concerned with today's euphoria, remember last month's after Yellen's speech, the market just exploded to the upside only to get hammered hard the next day. So watch out guys.Longby Jakeccc2