KITE Stock: A Monster Move in the Making
The bull market in equities is missing a key player, and that player is the biotechnology sector. I have reason to believe that this lagging sector is now on pace to make a comeback, and it is one of the reasons why I am currently focusing on Kite Pharma Inc (NASDAQ:KITE) stock. The main reason is that Kite Pharma stock just forged a 52-week high, which is also a new all-time high.
In order to accomplish this feat, Kite stock had to break above a significant level of price resistance. Breaking above.
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The bull market in equities is missing a key player, and that player is the biotechnology sector. I have reason to believe that this lagging sector is now on pace to make a comeback, and it is one of the reasons why I am currently focusing on Kite Pharma Inc (NASDAQ:KITE) stock. The main reason is that Kite Pharma stock just forged a 52-week high, which is also a new all-time high.
In order to accomplish this feat, Kite stock had to break above a significant level of price resistance. Breaking above.
Den vollständigen Artikel lesen ...