TradingView
chartmojo
Mar 26, 2015 12:18 PM

Swing Long? Long

ProShares UltraShort Nasdaq BiotechnologyNASDAQ

Description

No doubt the Bio's are the bubble of irrational exhuberence. This starts to look attractive to me as a swing long...rather than bet on an individual stock. I'll probably start building a position on pullbacks....if it pulls back to a higher low...I'll be interested.
Comments
chartmojo
Time to start looking at this closely now...had a few decent spikes in the downtrend...and notice volume since I originally posted......if market keeps sliding..this could be a wicked long
More