rlim

Friday sell-off in $XBI

Long
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
1
I'm hoping the extremely high volume selloff today was a result of profit taking and closing positions before the weekend.

It is down 2.4% including after hours. However it had a huge long day yesterday. So it still closed above both 10 dma and my trend line.

This gives me hope $XBI will still go up the following week.
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