[pcabc]

3 biotechs just came up my radar:
SRNE perhaps best one as big volume + at breakout level (not overbought)
NDRM lacks volume but at all time high + cup & handle pattern?
EPZM huge volume yesterday but perhaps too much overhead resistance
any thoughts? i'm quite liquid right now having cashed out of FEYE & CYBR thanks isa and pcabc (awaiting to rebuy on pullbacks)

Not that I'm an expert...

SRNE - In stage 2 passing resistance from the middle of last year. However, where do you put the stop loss? The MA30w/MA150d is about 35% below the current price. Previous low could be 50% down.

NDRM - Only just getting a hint of MA30. About to make a continuation. A long way above the average.

EPZM - Might be about to make a base. Average might have levelled off. Has not had a higher low yet.

I've noticed another biotechs making a continuations, NVAX:
   

I've put some other biotechs into my screener but it will take a while to get the number crunching done. I'm a bit worried by market breadth - we are not clraly pulling out of the latest general pullback.