XBI eyes on $79.28: Golden Covid fib may mark the BioTech bottom

28 May

XBI has been getting dumped since Trump and RFK
If biotech is to recover, it might start here and now.
Bulls need to hold or at least orbit this a few times.

4 gün önce

İşlem kapandı: hedefe ulaştı

Target HIT

(yellow shaded area is from posting time)
Long entry was at break of Golden Covid at $79.28
Exit was sister Golden Covid fib at $87.95 for 10.9%.

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Small gain but for an index type ETF, not bad.
Take what the market gives and look for next trade.

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