IBB - long way to go.

23 พ.ย. 2021

I will not be bullish in Biotech until we reach the lows (-39% correction) or until we reach new highs.
Should be a lot of mess here, for long period of time without a trend.

10 ม.ค. 2022

บันทึก

Under 140 now... broad market is hit.

27 ม.ค. 2022

บันทึก

Still in downtrend.

after it reaches bottom there will be sideways... so, NO LONGS.

10 พ.ค. 2022

บันทึก

Yesterday was climatic price action. we hit the support. Maybe, just maybe time to bounce

3 พ.ย. 2023

บันทึก

Looks like we had the double bottom (and tripple bottom in XBI). We have relative strength in Small caps and Biotech. Might see a rally that ignores everything, just goes up, consolidates and goes up again.

Most shorted Biotech - might see even crazier price-action