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WBG20
Feb 4, 2020 6:33 PM

BIIB looks set for a bounce Long

Biogen Inc.NASDAQ

Description

Long term resistance still in control of BIIB but there is potential for a short term bounce here. Target sits at previous high but this is highly contingent on BIIB's ability to break some of the long term MA's and Gann levels. Its earnings beat might give the bulls enough confidence to push it higher as short term support levels have appeared to hold.
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