XBI eyes on $99.96 above, 99.12 below: narrow range to break
Biotech tryhing to mount a bounce again.
XBI currently testing key fibs of wave down.
Look for break of range for clues on next move.
$ 99.96 break would be the key bull signal.
$ 99.12 hold would indicate strong bulls here.
$ 98.29 below is a MUST-HOLD and thus SL area.
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XBI currently testing key fibs of wave down.
Look for break of range for clues on next move.
$ 99.96 break would be the key bull signal.
$ 99.12 hold would indicate strong bulls here.
$ 98.29 below is a MUST-HOLD and thus SL area.
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Trade active
BOOMWe have IGNITION! (yellow area is from posting time)
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Zoom IN (m5)
Nice bounce entry from our support fib.
Not as clean as others, but normal for XBI.
Pretty clean responses after the bounce.
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Watch $100.48 to break or reject.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.