CosmicDust

IBB weekly - may be more upside - 8/29/2015

NASDAQ:IBB   ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
ibb
23 2 1
ibb
Bouncing up from RSI and green curve support, and closed above 40 week MA. Most likely it can go more higher. Not sure target at this point.
tristan.rhodes
a year ago
Nice curve, but be careful when it breaks. Parabolic curves almost always crash, I expect at least a 61.8 percent retracement from the start of your curve, which would be around $190.
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CosmicDust tristan.rhodes
a year ago
Agree. We will have to watch possible breakdown too.
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