KholleKhokk

Ultimate LONG - The Biotech Bubble

Long
KholleKhokk Updated   
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
Bubbles are natural & good until everybody talks about it.

Didn't hear of anyone talking about it, so its a good time to make call - THE NEXT BUBBLE WILL BE IN BIOTECH (if we IGNORE EV and SPAC's ofcourse)

My bet is:
1. small cap bios could double-tripple from here.
2. heavy names could get +50%

Too much money, to few shares & good companies.
Comment:
XBI - the strongest here!
Comment:
XBI still the strongest one.
Comment:
Parabola was broken. XBI should find its new base. not safe for now.
Comment:
Still no signs of strength. Biotech is one of the weakest sectors. RISK OFF.

Bio predicted crash in: small caps, SPACs.
S&P is still near ATH's but I think it will also start plunging.
... and crypto won't save you here.

start taking profit and leave.
Comment:
*smallcaps, SPACs, ARKs and other growth.

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