I'm hoping the extremely high volume selloff today was a result of profit taking and closing positions before the weekend.
It is down 2.4% including after hours. However it had a huge long day yesterday. So it still closed above both 10 dma and my trend line.
This gives me hope
XBI will still go up the following week.
It is down 2.4% including after hours. However it had a huge long day yesterday. So it still closed above both 10 dma and my trend line.
This gives me hope
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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.