Does the Selloff in Biotechs Present an Opportunity?

Hey Gang, Yesterday a tidal wave swept the market. A sea of red dominated. The S&P 500 was down over 2%. The Nasdaq was down close to 3%, and the DOW was negative 1.63%. Across the board, the market experienced overwhelming supply. With the market and various sectors trading below critical short-term support and trends, what are the following key levels of support to look out for? And might this broad selloff present an opportunity to buy the dip?

The above map, from Finviz, clearly shows you the extent of selling experienced yesterday and its effect on specific stocks and sectors. A day to forget for the bulls! Click here to continue reading…

Jeff Williams

P.S. Finding the right stocks to trade...but fumbling your entries and exits? Join Ben Sturgill tonight for a special livestream at 7:30 PM ET. Ben will be going over the tools he uses to improve his timing, how sets up his charts, and the psychology involved to execute. P.P.S. Its applicable to any type of stock you trade, whether its small-caps or large-caps, what Ben will show you tonight crosses over. A lot of the issues traders are facing today has nothing to do with their stock selection, but how they execute trade. Discover how Ben tackles these challenges tonight at 7:30 PM ET.

DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer/ FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. RESULTS PRESENTED NOT TYPICAL OR VERIFIED.RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial.However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of Ragingbull.com, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. If you have a current active subscription with Biotech Breakouts you will need to contact us here if you want to cancel your subscription. Opting out of emails does not remove you from your service at BiotechBreakouts.com.

Unsubscribe RagingBull.com, LLC 62 Calef Hwy #233 Lee, New Hampshire 03861 United States (410) 775-6138