XBI April 6th, 2020
Chart update. Also posted earlier during market hours. Hope you caught it! Biotech sector once again closing above its 20 day moving average (EMA) Gap filled with continuation is compelling.
XBI March 19th, 2020
A good start bouncing hard off what looks to be good support here. These type of reversal setups,after such an extreme sell off can move fast. Several reasons, one of them being that anyone that wanted to or felt that had to sell, are gone. So less resistance of sellers on the way up.
By the way, this trend line (showing support) was put in using automated software by TrendSpider. I simply typed in the ticker symbol and instantly that information is there for me. A great tool to have for a fast pace market like this. Have you tried it yet? Here’s where you can learn more. Special discounts to save 30% simply for trying LIVE Trade Pro with a Free Trial. There’s no obligation of course. 🙂
XBI Chart update 03-30-20 Nice continuation!
XBI Close up
XBI Jan 24th, 2020
XBI Jan 24th, 2020 Chart update EOD
Breakdown confirmed
XBI Jan 14th, 2020
XBI Jan 14th, 2020 Chart update EOD
Confirmed strong above resistance (now support) I’m thinking continuation higher at this point to be likely.
XBI Jan 3rd, 2020
XBI Jan 6th, 2020 Chart update
Setup confirming well, closing back above it’s previous 52 week high of 93.87 I’m thinking continuation higher, likely
XBI Nov 19th, 2019
XBI Nov 13th, 2019
XBI Nov 8th, 2019
XBI Nov 1st, 2019
XBI Oct 11th, 2019
XBI A different perspective. Chart update, using TrendSpider Confirming our long position on LABU and is now looking to continue this trend higher likely. Now, all about follow through.
Extreme bearish can be bullish.
This higher high, higher low telling me this setup may still well be intact.
Nice follow through today, trading back well above this significant point of resistance (blue line) now support.
