TomPip
Long

IBB Possible 5-10% retrace

NASDAQ:IBB   ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
ibb
141 0 0
ibb
- Price above correction base POC             .
- Plenty of vol             catching this, making a higher low since the Black Monday's sell off.
- Some nice volume with the pop of the trendline resistance.
- Three 'white' soldiers on 1H time frame.

First stop the naked POC             at ~310, if this breaks a move up to ~320 with a max of ~334 before continuing its path down.
Comment: Scaling/positions on TV unfortunately is not working as expected :)
Trade closed: target reached: T1
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