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Technical Analysis on Sequenom Inc. and Biogen Idec Inc. - Biotech Momentum Slowing

NEW YORK, NY--(Marketwire - Nov 7, 2012) - Biotechnology companies are performing well as a whole at the moment but a variety of factors threaten to undo the industry's momentum. Technological turnover, competitive pressure and the need to get new products to market are all making it difficult to widen margins. Players in the Biotech space like Sequenom Inc. and Biogen Idec Inc. are contending admirably with these headwinds at the moment though. StBulls.com has initiated technical analysis on Sequenom Inc. ( NASDAQ : SQNM ) and Biogen Idec Inc. ( NASDAQ : BIIB ) which serves the Biotechnology industry. These reports are free upon registration at 

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The trouble created by technological turnover is most evident in the diagnostic side of the industry. Not only are new products coming out at a faster rate but they are also able to complete tasks at a fraction of the cost of the previous generation. Read our technical analysis on Sequenom Inc. by clicking on

Competitive threats and the need to get new drugs to market are more of a factor in the drug side of the industry. Acquisition activity remains strong as many companies look to quickly expand their portfolio of offerings and stave off generic competition. Investors may want to take a closer look at biotech firms successfully getting drugs through trials for the best long-term growth prospects. Read our technical analysis on Biogen Idec at

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