TimZhang

$LABU $LABD a strong bullish pattern is forming on weekly chart

AMEX:XBI   SPDR S&P BIOTECH ETF
45 1 4
Downtrend line on RSI is broken, uptrend pattern is forming, weekly support moves to 52.5. The next move is to $70.
Thanks TZ. Looks good. SPY looks weak though I am afraid it will bring the BIO down with it. If you have time I would like to see your analysis on SPY or SP500. Keep up great works.
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