We have kept our eye on small cap biotech for a while and have posted the small cap biotech
chart for our members below.
Basically as you can see small cap biotech chart below we have been in a major uptrend and nice channel for several months now since DECEMBER 2014.
Lots of fresh money and hedge funds have been pooling here for a long time, but we have really noticed big changes, and strength since the announcement of the obama-care program a while back.
The small cap biotech strength is noticeable, and our uptrend should last into the end of the year we think, as normally the longer a upward channel holds, the more likely it is to continue, but its a technical analysts dream pretty much. So its one to put on your watchlist, for a target of about 180 in the coming months we think. Time will tell.
I cover more and more technical analysis ==> HERE in our VIP members section.
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