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JustinStone42

Breakout or Fakeout

Long
iShares Biotechnology ETF (NASDAQ:IBB)  
JustinStone42  
NASDAQ:IBB   iShares Biotechnology ETF
IBB Wedge
2
0
ibb wedgepattern
Breaking out of the wedge pattern.
Confluences:
- Target set at major resistance $299
- MACD turning bullish
- multiple bottoms at about $265
- Major support at $277
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