Biotech Values

[WorstLuck]

RVNC

I have no feel at all for what price may go to in that time frame

Looking at the 10 minute chart with $RVNC overlay of $XBI post 9/20/23 there is a very strong directional correlation to the price movement. RVNC has fallen quite a bit more as the drops have generally been steeper and the gains have generally failed to recover as much of the loss. Still no feel for price action between now and year end.

There is about a 50/50 chance I will make a tactical buy near the end of the year for the January effect.

Probably less than 50:50 at this point. CPI coming in soft affected interest rates which helped the XBI. There is other important data before year end plus whatever tax selling remains, so a decision will be made at the time. At this point I don't intend to mention it again, and if I do a January effect trade it may be in other names.