XBI Nov 30th, 2022
XBI Nov 10th, 2022
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
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
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
XBI July 8th, 2022
Weekly chart. Nice continuation since posting this setup, and leading most stocks. Scroll down a bit to see recent chart updates.
XBI July 5th, 2022
