ITCI potential breakout trade
ITCI is a biotech setting up for a potential breakout at the $60 level. The biotech sector is showing market-leading strength off the lows with many stocks in this group at or making new highs.
Relative strength ranks 97/100 and the company has seen triple-digit sales growth in each of the last four quarters.
Look for a breakout above the $60 mark on above-average volume to to buy on the breakout.
Relative strength ranks 97/100 and the company has seen triple-digit sales growth in each of the last four quarters.
Look for a breakout above the $60 mark on above-average volume to to buy on the breakout.
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