We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual option activities to find winners.
Biotech had a super run since March 2009. It ran with the general market into the four-year cycle top in July 2015. While the general market bottomed in February 2016, biotech didn’t bottom until November 2016. It spent additional seven months from November 2016 to June 2017 to form a base.
