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N0tSwift

XBI - BTD after 10% PB .786 FIB Target 152-156

Long
SPDR Series Trust SPDR S&P Biotech ETF (AMEX:XBI)  
N0tSwift  
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
Chart Patterns Technical Indicators Fundamental Analysis
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chartpattern indicator fundamental
We've just had a 10% correction and biotech is about to explode with all of the MRNA applications that will expand after the COVID vaccine research (see also AGTC with new vision therapies).

I bought today and will add if we dip in the $152-156 range looking for a bounce on the 50 Day MA and a move higher shortly thereafter.

Sold XBI near the top after a 25% gain, reentered today.

*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
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