bhowe
Long

IBB Biotechnology sector

NASDAQ:IBB   ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
153 0 2
IBB             , the tracking stock for the Bio sector looks ready to regain its upward trajectory. With the RSI and %R at very oversold positions it may be ready. We recently had a bounce off the 200ma, There appears to be consolidation in the blue box currently. Look for a move above the 8ema to enter long.
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