pato

BIOTECH bouncing back!!

Long
pato Updated   
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
A choppy market since the February market turmoil, but I think we are back on track. Longterm we are still locked in a bullish play, and I think we may have completed a 4thwave play on the internal wave count and are now making moves to shape up the final 5th-wave.

Here is the longterm view so far:

Comment:
We have posted what looks like a clear 1st and second wave..can we get $100 on the biotech index?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.