Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
IBB Bright future for biotech industry?
iShares Biotechnology ETF
Long
IBB Bright future for biotech industry?
By DzhuneytYusein
Follow
Follow
May 22, 2016
2
May 22, 2016
Bio tech industries are supposed to have a bright future. Technical analysis also supports this view.
IBB is hitting almost 52-week low with very strong support in place since early 2010s.
Careful for structure and 0.2 Fib (0.3 short term) at 278-279.
GL
biotechnology
Fibonacci
index
Indices
industry
nasdaq
Stocks
structure
support
DzhuneytYusein
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.