This week’s stock of the week is a biotech play we have been accumulating for a while now, Exelixis (EXEL). Friday, EXEL saw very strong bullish volume paving the way for it to resume this week. The shorts won’t give up without a fight though. The following forum thread discusses and tracks the strategy from when we started talking about and accumulating EXEL in the live chatroom until now.
EXEL BIOTECH TRADING STRATEGY W/CHART AND DISCUSSION
At the time of publication, Kudrna was Long EXEL but positions may change at any time.