Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
IBB H4: BEST Level to BUY/HOLD 25% gains(SL/TP)(STOCKS)
IMPORTANT...
Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
IBB H4: BEST Level to BUY/HOLD 25% gains(SL/TP)(STOCKS)
IMPORTANT...
Biotech ETF is holding a 5-year base breakout as it pulls back from a recent run-up close to new high. Lots of individual names with strong sales setting up in, and breaking out of bases. There's a future here. The industry breakout is ripe.
Looks like ABC pattern just wrapped up and another wave has already played out as well.
EW could be so complicated so we don't know what pattern will be going forward at this point.
The RSI bullish divergence was missed though. hats off to those who caught it.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means...
Bio tech has being doing absolutely nothing during the past 5 yrs, 124 is the level you want bulls to hold if you are long. Avoid the chop until we break out.
NASDAQ
