Keynesonomics

How far can the NBI fall?

INDEX:NBI   Nasdaq Biotechnology Index
151 1 4
Well, that's the million dollar question. The multi-year move, unequivocally, has been one for the books, but propensity has shifted to the downside. Momentum name valuations are getting clipped, seemingly, on a daily basis, as investor de-risking broadens and continues heading into the psychological "sell in May" period. Included are several key support levels to watch (S-1 through S-5).
Hi do you have an updated version of your TA for NBI? you know after the dip it found a new ATH :)
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