PPR - Two biotechs stocks : PCYC, ALKS
PCYC had a pocket pivot off its 50dma. Earnings and sales are erratic with earnings being mostly negative. That said, it is a biotech with a number of drugs in its pipeline with institutional sponsorship increasing over the last 13 quarters.
ALKS also had a pocket pivot. It reported earnings, first pulling well into the red, then closing near the top of its trading range. Earnings are rocketing higher. It too has a number of drugs in its pipeline.
Biotech industry group rank is 7th.
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