Sunday, June 26, 2016 8:43:00 AM
IBB - Lots of bear flags, most recent flag broke on Friday. I'm holding 240 puts and will add on any bounces. $224-$227 is my initial target which coincides with Weekly VBP band and the Monthly 50%Fib retrace of the run dating back to 2009. Could see a bounce to the $258 area 10EMA.
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