Ideas in Case We Go Back to the Future

In the event we do see a "blow-off," parabolic move higher in the biotechnology sector which takes us back to the future like the dot-com bubble in 2000, then it is of course worth watching prospective biotechs which could get going. 

While most of these charts are not my ideal setups, it still merits watching the likes of ARNA ONCE VVUS. 

ONCE is a name we have looked at this week, a recent-IPO and basing well, on the first daily chart below. Watch for a move over $48.50.

And VVUS could be trying to carve out a bottom after being a notable laggard for a good while. Watch to see if it can clear $2.90 to the upside.