$IBB $XBI Biotech stocks has started the lead

Reasons for adding long position to Biotech stocks ETF.

1)Biotech trade has bottom earlier than the S&P and Nasdaq
2) Resistance at $135
it tends to breakthrough
3) 50 MA tends to cross 200 MA
4) 200 MA start uptrend
Chart PatternsTechnical IndicatorsTrend Analysis

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