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XBI Jan 24th, 2023
XBI LABU Biotech ETF’s 10:14 PM Now confirming recent expectations. (see more charts below) Getting a solid bounce after retesting key support; the previous point of resistance for this ETF at 85.50. Potential breakout. Continuation higher, likely.
XBI Jan 4th, 2023
Biotech Setting up better than ever at the start of this new year. Potential breakout in this sector.
XBI Nov 30th, 2022
Biotech After much consolidation, saw some good follow through today; closing once again above the 200 day moving average.
That along with the market conditions that I’m seeing improving at this point telling me this could continue higher.
XBI Nov 10th, 2022
Posted market hours.
Now breaking through; pushing above the 200 day moving average at 82.06
XBI Oct 28th, 2022
A strong move for biotech, pushing back above both the 50 and 200 day moving averages. Best setup that I’ve seen in months, closing back above the 200 day moving average. High risk trade.
XBI Oct 10th, 2022
Triple top setup. Confirmed with this close back under the 20 day moving average. Expecting lower.
XBI Sept 30th, 2022
XBI Sept 30th
Inverted Hammer A green close would be a good intial signal that this could continue higher and possibly a change in the trend
XBI Sept 23rd, 2022
LABU Alerted on Sept 23rd at 6.07 (Free to new subscribers)
At support. Seeing potential for a technical bounce.
Sept 27th Just updated See below
XBI Update Sept 27th, 2022
Good intial confirmation of strength today with a bullish gap up on increased volume. Thinking continuation higher is likely if able to get above and stay above the 5 day moving average at 77.22. Next key pivot point at 79.01 (the gap)
XBI August 19th ,2022
Seems to be losing buyers interest; shown by lower volume on this pullback, closing under the 200, 50, 10 and 20 day moving averages.
Took profit on LABU at 11.79 on August 5th.
Avoiding at this time.
XBI August 4th, 2022
Breakout confirmed
