jangseohee

Biotech sector-IBB, XBI

Short
NASDAQ:IBB   iShares Biotechnology ETF
Biotech sector has been on the boom since 2012, the uptrend seems continuing
Quarterly chart wise, it has shown some euphoric state.
We have a serious bearish RSI divergence shown, breaking of the uptrend line in RSI has serious
long-term consequence and detrimental to further uptrend.

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