Mylan NV (NASDAQ:MYL) continues to collapse off the EpiPen fiasco. While minimal to their net revenues and profit, the negative press and public scorn is causing massive investor selling. That is where I look to step up and score a great swing trade by buying. The first step is to look at the stock chart and see the support level. I have been eyeing Mylan for days now and it finally hit a major support level at $40.00. The key is the long term trend line conneting the lows going back to October 2011. This gives a good foundation to expect a bounc trade. I am buying and should enjoy some nice profits next week.

AT&T Inc. (NYSE:T) hit the radar today on the bearish side. The reason is on strong bear flag formation. A bear flag formation is seen after a strong  down move when price goes sideways, forming a right angle. This is one of the most bearish signals you can get on a stock chart. In addition, to add insult to injury to the AT&T chart, the daily 20 moving average has crossed the 50 moving average and is nearing price. This is called an igniter, because when it gets to price it will cause the bear flag to ignite and shoot downward. I am looking at this as a strong short next week or am possibly looking to buy puts.

Gilead Sciences, Inc. (NASDAQ:GILD) is nearing key support. If you look at Gilead over the last few months you will see that there is a trend line connecting the lows. The current price of Gilead Sciences is just above the trend line. History tends to repeat itself, thus when Gilead hits that trend line, investors should expect a stock chart bounce. The level of the trend line is $75.00 while the current price is $76.89. Investors who buy at $75 should expect a bounce back to at least $85 within a week or so.

$AEMD, $BCRX, $CERS, $INO; Miami-Dade Mosquitoes Test Positive for Zika

Zika Stocks Added: $OSUR, $SPB

Point Roberts, WA, September 2, 2016 – Investorideas.com, a global news source and investor resource covering actively traded sectors including biotech and medical technology stocks, updates the Zika directory for investors following the sector as news from The Florida Department of Agriculture and Consumer Services shows test positive results in Miami-Dade. Read this release in full at http://www.investorideas.com/news/2016/biotech/09021Zika.asp

Miami-Dade Mosquitoes Test Positive for Zika

Sep 1, 2016 TALLAHASSEE, Fla. — The Florida Department of Agriculture and Consumer Services has detected Zika in three mosquito samples from a small area in Miami Beach. The mosquitoes from Miami Beach that tested positive for Zika are from an area where increased trapping and intensified mosquito control measures are occurring due to the investigation of local transmission led by the Florida.Department of Health. Ninety-five additional samples have been submitted by Miami-Dade County after the date of the positive submission, and the mosquitoes have tested negative for Zika.