currently in small uptrend, need to see break of lower channel to confirm ging short
hit resistance today, possibly on short list again
short to the bottom of the channel. LABU back on the way up until a break out confirms otherwise
I am studying cup and handle pattern, but could this an inverse cup and handle prediction?
0.236 and 0.382 match the resistents so well Target 0.382 and 0.5 SL: 48.5
$XBI squeeze, pinch and pop?
chikouspan leaving bottom of cloud. looks like more downward movement to come in bio with strong support at 47
xbi with some support
xbi
XBI mid channel
Biotech will be the leading sector to crash the overall market. The charts should be obvious enough.
$LABU $LABD $SPY
No position until descending channel break out. $SPY
Now $XBI is correcting itself. Originally it was up 2% w/ above average volume already early in the day. It now down to only +1.38%...pennies and nickels right?
