XBI breaking daily downtrend resistance line. Momentum could push it up further.
Stop could be this weeks low at 76. Target 80
$1 risk $3 Price target
Yes it looks as if 21 ema is acting as resistance on #XBI and the 50 ma. So may lose its legs small body candles forming as well, but markets will do as they please. Nice chart and analysis. @thinkortrap
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