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DzhuneytYusein

IBB Bright future for biotech industry?

Long
iShares Biotechnology ETF (NASDAQ:IBB)  
DzhuneytYusein  
NASDAQ:IBB   iShares Biotechnology ETF
index biotechnology nasdaq Stocks Fibonacci Indices industry support structure
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index biotechnology nasdaq stocks fibonacci indices industry support structure
Bio tech industries are supposed to have a bright future. Technical analysis also supports this view.

IBB is hitting almost 52-week low with very strong support in place since early 2010s.

Careful for structure and 0.2 Fib (0.3 short term) at 278-279.

GL
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