IBBBroke out of numerous parallel and contracting channels while complying with indicators. Either confirmed uptrend continuation or if you are a contrarian - short big timeby trajkovicUpdated 115
BIOTECH monthly IBB nasdaq Current and potential trend scenarios: Decreasing volume on the monthly in recent months currently looking to break upper trend line for a breakout. A break down on strong volume toward the lower trend line may break for a considerable pull back. by chaching233
Trade Idea from 8/22 Last weekCurrently broke above 2 key levels 310/315 next 318 then 322Longby TheTradingNinja2
Broke above 312 key area.. continuation?$IBB today turned 310 into support today also broke 312 key level and turning that into support.Longby TheTradingNinja4
$IBB 4hr: of interests (downtrend line broken)Liking this setup plus market looks good. $318-$325 nice target rangeLongby TheTradingNinja2
IBB Waiting for pull back after nice breakout Biotechs have just breaken out nicely. I will be waiting for a pull back for a good R/R entry.Longby WadeYendallUpdated 4
IBB Pullback to 50% retraceIBB has pulledback 50% of its most recent impulse move to the upside. I bought a call option here and will possibly add to the position if the market holds up as expected. Targeting 333-334 area Longby MeasuredMoveUpdated 2
IBB should push higher - 329 area in next month or soLong some IBB calls at the 313 area. Expecting 320 area for the short term target where I will close half my position. Leave the other half to attempt a run up to 329 territory. Longby MeasuredMoveUpdated 4
Road map of Biotech stocks in the long term. IBBIBB is in the B wave of a huge 4th wave correction. The B wave is maturing and we need to watch minor wave 3 vs wave 5 divergence and important fib level of 339 to confirm the wave count. by surfingmarket4