Price rejected at Weekly Support...Good risk/reward to go long

AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
I opened a Collar trade on this.

Trade Management: Long put @115

Short Call @130 June 18th

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This publish is not an investment advice. I am not an investment advisor. So, you are solely responsible for your actions on your money.
Trade closed manually