XBI Biotech –  GLD – Gold  VIX

Get my best alerts and timely updates during market hours, Free for the next 5 trading sessions.

START A 7 DAY FREE TRIAL »

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