$XBI - BIOTECH ETF -
Added 2024-02-26 14:55:04 +0000 UTC$XBI has given us a retest of the bull channel it has broken out of, with the assist from the 50 Day MA and has bounced.
I expect this to continue moving up to the blue line at $101.
A flip of this level to support is a massive gear change from the sector, $101 becoming the new support line means there is a route back up to the top blue line at $174 over the next 2 years.
Comments
Do you think LABU has the same/or better shot?
swan786
2024-02-26 15:02:30 +0000 UTC
