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IBB - Weekly - 8.18.16.png
IBB - weekly chart. This is not investment advice.
$BTK is at the end of a bearish ascending wedge. Coupled with the general over-bought nature of the general market...
I may have naively said that biotech was a "long/buy" and the ascending wedge invalidated, but rather the bearish...
Who thought that war, terrorism, options expiration week and a message from the Fed could be bullish for stocks? T...
I wrote several weeks ago about the final second right shoulder going in on biotechnology ($BTK) and today I notic...
March and October rising wedges showed the same pattern of an initial high followed by a descent and then a slow g...
The precise nature of this wedge is not yet known because the ceiling in it's shape has not yet emerged. I am not...
Biotechnology looks to be putting in it's final shoulder with levels at 3550, 3750 and 3850 to be areas of providi...