The Biotech Sector ETF had a very nice rally, a bull flag, and ended up having the second half of the move to the upside.
Image Source: Pixabay
Looking at the recent price actions from the 2021 highs, XBI is down roughly about 50%. From a longer standpoint, you can see the Biotech Sector ETF had a very nice rally, a bull flag, and ended up having the second half of the move to the upside.
Overall, Biotech is setting up daily and 30-minute chart patterns that point to pop and rally of 8 – 15% in the next 1-2 weeks.
Video Length: 00:04:58
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