I'm looking at Biotechnologies and healthcare sector for my next sector that is going to run beyond the oil industry. Oil is going to die down in the next week or two because the Biden admin will want that to go hush hush. I estimate we will still have one or two more really rallies in the oil industry before we see the whole sector of biotech go nuts. Again just a prediction. I'm broker than the next guy in stocks so follow me if you want to run into crazy stuff.
BCEL is my pick as a great potential for the sector move. It has volume, a low float and looks like it's setting up for crossing over the 200 ma. I don't really like to make those trades before they cross over the 200ma because they haven't officially broken the trend until they are over the 200 ma and sustain it, but BCEL may be a good short term play.
BCEL is my pick as a great potential for the sector move. It has volume, a low float and looks like it's setting up for crossing over the 200 ma. I don't really like to make those trades before they cross over the 200ma because they haven't officially broken the trend until they are over the 200 ma and sustain it, but BCEL may be a good short term play.