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jamespwu

IBB testing Wedge breakout and prior resistance areas

Long
iShares Biotechnology ETF (NASDAQ:IBB)  
jamespwu  
NASDAQ:IBB   iShares Biotechnology ETF
4
0
IBB had a huge move yesterday after a sort of the retest of the wedge breakout. Now its approaching prior resistance areas. I am cautiously long with options 2 + weeks out. The measured move is around 310 based on the size of the wedge.
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