trendyprofits
Long

$BIIB Position

NASDAQ:BIIB   BIOGEN INC
I took a position in BIIB             this past week. Buy point was $417.79. Stock has been consolidating from a high of $480.18. Stock broke the channel on Volume and crossed both the 20 and 50 week MA. I expected some pull back, but the tide has turned. Stop is at the 50 week MA. Stock should bounce off of that and break higher over the next 6 months or more.
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