The Late Show

PCYC...take over news has set the Biotech and IBB on fire.
Investors are coming after the lower vol names.
AZN… is attempting an ORH day. A close over 70.15 (50 DMA) would be a first stepping stone to an assault on the 200DMA @ 72.25.
MRK...extends over 59.05 close.
NVS…shows a daily double bottom @ 102.05. use this level for risk management.
DIS…Disney calls..( Don’t be a dick for a tick). Pay for your trades by the close today and let the rest ride.

Trade the names where you can manage your risk, not the ones that have moved 10-15% higher in a day.

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