Biotech still chugging along. XBI golden cross imminent (50 EMA crossing 100 EMA). Broke out today to highest level since the market wide rip back in January. 200EMA is also now support after we gapped over and then bounced off it last Thursday.
Going to wait and make sure Hilary doesn't wet blanket the sector this week, but I am a big believer in the sector having continued upside and will be adding calls for sure on any successful test of the 200ema.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.