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XBI Daily Setup
SPDR Series Trust SPDR S&P Biotech ETF
Long
XBI Daily Setup
By TechnicallyCorrect
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Updated
Oct 6, 2021
3
Sep 24, 2021
XBI
daily setup:
Double bottom process with 5/20/50 EMAs all tightly converged and accelerating up together.
Entry above today's high at 133.44
Stop below today's low at 130.23
Profit target is 149.50
Risk/Reward is 5.0
Oct 6, 2021
Order cancelled
Entry not hit. Trade cancelled.
Chart Patterns
Double Bottom
Exponential Moving Average (EMA)
Technical Indicators
riskreward
stoploss
Trend Analysis
XBI
TechnicallyCorrect
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