Biotech XBI Weekly

Discussed in Chat, it's interesting how biotech is being held by it's 50 week and given is enormous volume, I believe liquidation will continue.  I believe it broke a large head-and-shoulders top and (in December) tested that resistance.............and failed.  I ultimately think it'll drop to $55 - just waiting for some politician to tell them they're still too high priced.  Cover on a 'close' above the 50wk

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