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...
Many chartists draw TOO many trendlines to gauge direction. Usually one trendline is enough.
Set Market order @ 216 .83 , with 2 targets to take profit :- 1) @ 194.75 2) @ 159.49 - one day close with momentum or good volume under 194.75 with reasonable stop loss @ 231.56
We will suggest Bearish Vertical for BIIB Jul13 195/200 with 0.55 huge profit in case price goes down below 195