You may also want to view our track record on these stocks: XBI SFIX PI IQ GOLD COST UVXY “VIX”
You may also want to view our track record on these stocks: XBI SFIX PI IQ GOLD COST UVXY “VIX”
$XBI $LABU This subtle but solid signal telling me that biotech sector likely continues higher from here.
We locked in some very good profit one day prior to this pullback. No position at this time in the biotech sector.
Weeky chart.
Extreme bearish can be bullish.
Continue to see a lot of upside potential in the biotech sector.
Today’s move closing above its 50 day moving average, on increased volume confirmed our expectations nicely. Expecting higher.
Buy: 86.05 Thursday June 28th
Sell: (partial) 97.40 Friday., June 29th
Weekly chart indicating a clean breakout for biotech stocks, to new all time highs.
Breaking to new all time high. No resistance overhead.
It appears that this was a shallow correction (period of consolidation) and now looking poised to move higher; even to new all time highs.
Biotech sector rejected at resistance. In no rush to call a bottom here.
I referenced this chart (Posted back then on both StockTwits and Twitter) many times to keep myself and our subscribers on course. Today (01-21-18) XBI hit a new all time high.
Weekly showing me, this trend as well intact.
Biotech sector on the move, again. Charts have been telling and recent breakouts on companies like JUNO, continue to confirm strength. Expecting higher. View my recent alerts on LABU (Given to new members for Free) here.
Would be cautious. Seeing the overall uptrend at this point as questionable.
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To get the best flow of how we’ve tracked the direction of this sector scroll down to the bottom of this page and work your way back up to our most recent chart (on top) posted.
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