Puma Biotechnology broke out back in May of 2017 around the $45 area & has been digesting that parabolic move ever since. I'll be watching for a close on the hourly chart at ~$88.50 for an entry in $PBYI. Earnings are scheduled for 8/7 for $PBYI so we have some time to own this one before that date.
Celgene Corporation is one of the top holdings in both major Biotech ETF's ($IBB, $XBI). $CELG has formed a bull flag on its daily chart from it's most recent breakout of the $125 area. I'll be watching for an hourly close above $133 on volume for an entry in $CELG.
Square, Inc. broke out today over the $24.78 area on above average volume. You commonly see stocks retest their breakout areas, so I'll be watching to see if $SQ comes back in close to $24.78. RSI on the daily chart above is still only around ~65, so not quite into overbought territory. This tells me $SQ could have a lot further to run up.
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