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kalosagathos
12 Jan 2017 pukul 10.52

IBB expects potential rally Panjang

iShares Biotechnology ETFNASDAQ

Huraian

Trump's speech sent IBB sector plummet as we can see in the green box area. Most of them might be auto programming sell-off. However, we saw it bounce back later in the afternoon. If IBB could climb above the uptrend line indicated, I see reversal for IBB sector. Plus, Trump's policy regard decreasing drug price harms IBB performance for the short term, but benefit the whole pharm for the long-haul.
Lebih