Harry Boxer’s biotech-stock breakouts to watch [MarketWatch]
AVEXIS (AVXS)
Last avexis earnings: 2/27 04:01 pm
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Source: MarketWatch
Opinion: Harry Boxer’s biotech-stock breakouts to watch Biotechnology stocks lead our list of top charts this week, as we focus on three “longs” and one “short” to watch. uniQure NV QURE, -1.35% broke out of a four-day consolidation Wednesday, popping 6%, or $2.03, to $31.83 on 422,400 shares traded. Price has had a beautiful climb up the chart since last June, when it was under $5, and has been fueled over the past few weeks by news impacting the gene therapy space that AveXis will be acquired by Novartis. QURE is a gene therapy company focusing on treatments for hemophilia, Huntington’s disease and congestive heart failure. Next target: $35. Supernus Pharmaceuticals Inc. SUPN, +0.67% climbed 3%, or $1.70, to close at $48.05 on heavy volume of 923,900 shares traded Wednesday. The move is positioning the stock to challenge its all-time high of $50.05 reached in September. The specialty pharmaceutical company, which develops products for treating central nervous system diseas
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