Biotech Pullback Setups

January 20, 2017

A couple Biotechs on pullback radar: $AMRI (bot starter yesterday), $IONS, $BSTC, $FOMX


April 6, 2016

Looking to buy $CANF on this pullback:



April 5, 2016

Bot a starter today in HALO at 9.87 on the post-breakout early morning weakness.



April 5, 2016

Added to Marijauna-Pharma ZYNE today 9.98, basis now 9.72


Radar – GTAT

May 28, 2013

Radar/Followup/Study GTAT – Textbook 3 day correction into 20/200mas and on top of previous resistance:

Radar – Lulu

June 8, 2012

Radar – Lulu approaching significant support at 200d and 50% retracement, as well as weekly ATR:

LULU Daily

Picture 1 of 2

Radar/Study – UNG

January 5, 2012

Natural Gas has been in a severe bear market since mid-2008.  A possible 3-4 day reversal pattern is in place, with a hook forming today (although not pretty).  On 55-minute it’s pulling back into the heart of the reversal, and could be a good risk/reward long setup.

UNG could be good setup for long-side scalping short term trading.  Also, if UNG 135-minute can break through ATR and 50-ma, it could provide a possible intermediate-term setup:

QNG 55-Minute

Picture 1 of 5

Radar – MITK

September 30, 2011

Intermediate-term correction in very high relative strength stock.   Note – stock at ATR, as well as 62% short-term correction and at a 38% intermediate-term correction:

Radar – GLD, NEM, ANV, RIC

September 29, 2011

Gold has pulled back to weekly support.  NEM, ANV, and RIC all have high RS, constructive chart patterns.   NEM and RIC have had intermediate-term pullbacks to ATR/50-day support at 50% retracement levels.  ANV has pulled back to the 200-day MA, which has offered excellent intermediate-term entries during the long-term trend:

GLD Weekly

Picture 1 of 4


Radar – SVU

September 20, 2011

SVU testing important support at 7.28-7.2 today and showing relative weakness vs the market.  However good r/r entry (since so close to support), and it appears to be turing up short-term:

SVU 1-Minute

Picture 1 of 3

Quick Reference Videos

Click on links below for an Introduction to Dan's Mentoring Group and a Recent Advance Class Meeting -