18Jun11:59 amEST
The Biotech Three Party
With biotechs leading the chart today, along with the Nasdaq, speculative fervor may very well persist into July 4th.
If it does, it remains a worthwhile endeavor to keep an eye on three recent -IPOs in the sector: ADRO BPMC GLPG, to play for potential quick long trades.
While not my usual cup of tea, they have been promising plays up and out of their highlighted consolidations, seen on their respective daily charts, below. ADRO over $36.50, BPMC holding over $37, and GLPG holding over $53 should bring in more momentum buyers for these intriguing biotech firms.