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damoonmotamedi

IBB - Biotech on steroid!

Short
iShares Biotechnology ETF (NASDAQ:IBB)  
damoonmotamedi  
NASDAQ:IBB   iShares Biotechnology ETF
2
2
IBB is over extended. Last time it stretched this size it didn't end well.
Also, SPY is getting chopped while IBB haven't had a dent!
Next leg down for SPY would be the time institutions start dumping IBB.

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