The market’s focus remains largely focused on mega-cap technology leadership, but the broader opportunity set extends beyond the names dominating the headlines, with several stocks in other sectors displaying constructive price action. Biotech is one area worth watching, and Biogen (BIIB) stands out after breaking out of a multi-month consolidation in late spring and continuing to establish higher highs and higher lows, including fresh 52-week highs. The technical development that adds another layer to this trend is BIIB’s PowerTrend Buy signal, triggered when its one-month price moves above its 10-month simple moving average. First triggered in September 2025, the signal has remained in place as the stock has continued climbing, providing technical confirmation that BIIB’s longer-term trend has strengthened alongside its recent breakout.

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With BIIB trading around $233 per share, buying the stock outright is one way to participate, but an options approach can offer a more flexible alternative without the higher cost of purchasing calls outright. An in-the-money call debit spread can provide bullish exposure with a defined upfront cost, and depending on how the strikes and expiration are structured, the position may retain profit potential even if BIIB moves sideways or declines moderately. One currently available spread offers 53.8% profit potential if BIIB is up, flat, or down as much as 14.0% at expiration, with an entry cost of approximately $325; those outcomes depend on the specific spread terms and market conditions, and the trade remains subject to risk.

Finding compelling setups outside the market’s most crowded trades takes research, discipline, and a plan for execution, which is exactly what my Weekly Profit Opportunity Newsletter is designed to help with through a carefully researched weekly setup, in-depth video technical analysis, and a breakdown of how I would approach the trade. While not all alerts end up winners, more than 90% of the setups recently sent to members have offered an opportunity to profit, and you can explore the service with a $1 first-month trial. Sign up today and discover the next setup I’m watching!

Wishing You the Best in Investing Success,

Blane Markham

Chief Trading Strategist

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*Trading incurs risk and some people lose money trading.