ssulta01

IBB overextended, at a key support level

Long
NASDAQ:IBB   iShares Biotechnology ETF
IBB is at a key support level. RSI overextended and at a key support level, IBB is starting to show signs of exhaustion. The upward move to $107.50 (resistance) is highly probable.
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.