XBI eyes on $99.96 above, 99.12 below: narrow range to break

16 Eki 2024

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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16 Eki 2024

İşlem aktif

BOOM

We 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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