Here is a biotech stock with earnings growth and a buy setup.


1) The industry accelerated. Probably a particular biotech stock can move up due to its own news/strength/drug result, etc. even if the industry is weak. Still, it is good to see some industry strength or acceleration.

2) PFNX has steady quarterly earnings growth.

3) It gave a Go With Flow trend-following long-setup yesterday. 

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1) I shared a Go With Flow (GWF) trend-following long trade in $PFNX. The signal day was 8th Jan.

2) Today, the stock is about to break out of the previous swing high (~2:30 PM EST). Others may be looking to take a breakout long trade. CUE traders are looking to book partial profit.

A small yet meaningful difference between a breakout trader and CUE GWF trader.

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Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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