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hankchef
May 15, 2016 1:48 AM

Will IBB bounce hard from .786? Long

iShares Biotechnology ETFNASDAQ

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Try long when retesting .786

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Immediately bounced off .786. LABU up more than 10%

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Continue bouncing and make higher highs, so above .786, buy any pull-back

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Targeting 281, 304, or even 340

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LABU now is 31, rising from 24.

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LABU 33 now. Looks for at least 289 IBB

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I'm looking for 296

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Hold until the target!

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see if 38.2% holds, if so hold, if not sell the rest half
Comments
hankchef
hankchef
The target could be 340 this year
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