Biotech - Bearish Breakout

Potential downside breakout for biotech. Still too early to confirm whether it's real or a fake, keep an eye on this one.
Entered 25% position so far, will look to add more if further confirmation appears.

Trade closed: stop reached:

Biotech bounced back hard today. SL hit. Will be looking to enter a long position if it breaks out to the upside to form a completed descending wedge