Note today's test of upper Bollinger band and horizontal price levels from a few weeks ago. RSI still has room to run higher, and MACD is curling up in bullish fashtion. Yes, i think XBI has good chance to run to upper $60s here, at least (Fed news later this week will of course be a big factor).
Best hope for LABD holders (or shortsellers of XBI) is that a double-top happens and XBI falls back down....
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