XBI - biotech has been hot last week
I like this breakout on XBI.
I'm in with a bigger position and we're sitting right at the 100SMA> We could retest from here closer to 88/86 but below that I'd cut the trade.
It's also sitting in a demand zone and ideally moves above $92/ 93.
I'm in with a bigger position and we're sitting right at the 100SMA> We could retest from here closer to 88/86 but below that I'd cut the trade.
It's also sitting in a demand zone and ideally moves above $92/ 93.