XBI - Some relief coming into Biotech stocks?
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
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.
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.