XBI - Some relief coming into Biotech stocks?
Updated
XBI has bounced at the 1 Fib at 95.71 with bullish divergence on the Daily TF. Weekly RSI is almost oversold. Expecting a retracement back to $118.
Note
Got baited with last week's close. Bullish Divergence negated. Good chance this goes into the lower 80's next week
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