LAS VEGAS, NV / ACCESSWIRE / March 14, 2016 / Much like this time last year, the biotechnology industry is filled with bulls. If you want to profit on this bullish time for the sector there's a few stocks you should be looking very closely at.
Propanc Health Group (PPCH) looks like a particularly interesting trade opportunity. The stock is trading above its 20 day, 50 day and 100 day Moving Averages, and could cross the 200 day soon. This is an extremely bullish sign for short, medium and long term traders. Another sign that you should consider a screaming buy signal is the 20 day Bollinger bands. All signs are pointing to more movement for this stock that has already climbed 369% in the past two weeks. And if you think you missed the boat, you might want to think again, this stock began a 13,000% run around the same time last year before the biotech market dipped and has now begun a huge run again now that the biotech market is back.
The indicators alone make PPCH a stock you should have at the top of your watch list. What makes it even more impressive is the progress the company has made over the past year. Also, the potential for huge announcements in the near term which could be like adding a jet booster, to the rocket that is PPCH's stock.
Investors and traders alike know the kind of potential PPCH has, judging by the strength of the move so far, the company could reach a new high within months or even weeks. Thirteen cents a share alone would be enough to excite investors, but if it can crack that PPCH investors will be ecstatic, either way this is one trade opportunity you don't want to miss.
Now PPCH isn't the only trading opportunity in the biotech world, although it's our favorite at the moment.
Vericel Corporation (VCEL), Over $60M in dollar volume, and has been a popular play for biotech investors, Threshold Pharmaceuticals, Inc. (THLD) Made nearly and 80% move on friday, look for a possible pullback then, nice entry point here, MediciNova Inc. (MNOV) Made a nice 5% move on friday, and could be looking for more gains this week, and finally Athersys, Inc. (ATHX) is sending buy signals on practically every indicator there is and looks like it may have the strength to break through the 52 week high of $3.43.
It's an exciting time to be a biotech investor, and with stocks like PPCH and ATHX gearing up for monster runs, if you're on the sidelines it's time to get into the game.
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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC. which owns Microcapspeculators.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC. which owns, Microcapspeculators.com may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC. which owns Microcapspeculators.com may be compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. ACR Communication, LLC. has been compensated $43,000 by Propanc Health Group, Corp. for this news article and for previous as well as future news articles.
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