Another down day in the market but SPY manged close over 20 MA and trend line.
Dip buyers still holding up stocks at support level. Big move in bio names Tuesday. Watch list name LABU had a great day on bottom range bounce and trend line break.
If you missed the morning initial run, stock gave a nice setup in afternoon.
Just amazing run! Big break out on the sector and ideally there should be some follow through after this type of move. So will be watching few bio names again. ideally on red to green type setup at open.
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