I'm being a dick.....
Tony Asks, and I have Answered. Some Biotech Stocks. Only because I'm comfortably Ignorant, I done some Redin.... and now some riten
I'm going to do some medical stuff first before Biotech.
Boston Scientific
BSX
Elliot waves say one more leg down.... This seems wierd though. price target $11.50BSX
Boston Scientific Corporation is a developer, manufacturer and marketer of medical devices that are used in a b range of interventional medical specialties, including interventional cardiology, cardiac rhythm management, peripheral interventions, electrophysiology, neurovascular intervention, oncology, endoscope, urology, gynecology and neuromodulation. The Company’s products are offered for sale principally by three dedicated business groups: Cardiovascular (including its Interventional Cardiology, CRM and Cardiovascular businesses); Endosurgery (including the Company’s Endoscopy and Urology/Gynecology businesses, and until February 2008, included its Oncology business), and Neuromodulation (including its Pain Management business, and until January 2008, included the Company’s Auditory business). During the year ended December 31, 2007, the Company acquired EndoTex Interventional Systems, Inc. In May 2008, the Company completed the acquisition of CryoCor, Inc.
Baxter International Inc
BAXWhat I see here is a larger Wave 3 that we are about half way through, Seems like it's god for a pullback to the 63 level, then should find some support and should keep running. Seems like a very recession proof stable of products.
BAXWhat I see here is a larger Wave 3 that we are about half way through, Seems like it's god for a pullback to the 63 level, then should find some support and should keep running. Seems like a very recession proof stable of products.
Baxter International Inc. (Baxter) develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, cancer, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. As a global diversified healthcare company, Baxter applies a combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide. These products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices, clinical and medical research laboratories, and by patients at home under physician supervision. The Company operates in three segments: The BioScience, Medication Delivery and Renal.
Amgen
AMGN this is a great chart, this has huge momentum on it's side. Says it's in the middle of wave 3, If it stalls it will correct a bit... but that is just ripping.
Merk
MRK
This is nice and Healthy, Looks like it's just starting it's run, Wave 1... There is alot of resistance here, I wouldn't be suprised to see it pull back in the next couple days, then break out hard.AMGN this is a great chart, this has huge momentum on it's side. Says it's in the middle of wave 3, If it stalls it will correct a bit... but that is just ripping.
Merk
MRK
Pfiser
PFE Great Consolidation,, Looks Ripe for a Breakout... could get a nice pullback when we drop lower. Seems like Nominal risk, 5% downside, and its first upside resistance is 19.50. That volume is nice and heavy.
ELI Lilly
LLY
We are just hitting some slight resistance, maybe some slight wave 2 action back to 46.25.
I'm not showing the 2007-now charts, I like Amgen and Lilly as far as Long term charts. I'm not being all that Thurough, It would be nice to look at the weekly's etc....
I will agree that the Perma Bulls will start running headlong into Consumer Non and Utilities, and healthcare.
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