Another great entry point for NASDAQ:NBIX. This time I think it breaks out over 130.
Healthcare turning...
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Healthcare apparently not turning...
Any case I added many more contracts for laughably cheap prices.
Many catalysts next week, almost ridiculous that this is still trading below 120, imo. This is prob the only spot where "averaging down" is acceptable.
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Healthcare turned. Finally. Prepare for liftoff.
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Too many tailwinds, not going down. Breakout when market turns, can comfortably add here.
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Extend contracts to 7/17 if it cannot reach at least 130+ by next week. Getting no love at the moment and is undervalued by just about every metric that exists. Think patience pays here, so not closing it yet.
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Saw some very positive price action to close today. If the idea that sector rotation is the prevailing reason for the holdup (and not natural consolidation), then we could be in business next week with a steady market.
Don't sleep on this peach of an inevitable 20+ point move up.
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Rocket ship about to depart, get it or forever hold your peace.
Good news for next week - the idea about Retail, Healthcare and the Indices seems to have been validated somewhat. See the closed-out idea below. Healthcare could likely turn based on this logic.