Biotech etf catching up to the Qstested recently pitchfork upper line and bounced off..bullish sign.
depending on timeframe but for this one BBC is catching up to the Qs.
short term it looks just as over-exteneded as the Qs.
trading will get very choppy short term.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.