PaperBozz

$XBI - Bounced from lower trend line

Long
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
XBI bounced from lower trend line. MCAD, RSI and William R% all curling up. It could head to $87.

Targets:
- $82
- $87

Key resistance area: $82.
Key support area: $76.

Like and follow me for more charts and trade ideas.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.