Trade Ideas for Monday - BIIB, TLAB
Biogen Idec "BIIB" shares were up nearly 5% on Friday to a new 52 week high at $62.89 followed by a strong volume and breaking out an important resistance at $60. Stcok is now in a breakout mode and the chart suggests a strong confidence in Biogen stock, no resistances above and RSI has space to move up more.
TLAB- Stock is now in a strong momentum and Bullish Crossover over this week. TALB looks like it will test $11.50 area.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice Trading week !!!
AC
That's All. Have a nice Trading week !!!
AC
