BIS- Inverse Off IBB Could It be? A Double Bottom In The Making?

4-22 Could It Be? Is this where we carve
out a double bottom? If so then IBB (longside)
MAY be carving out a double top. Remember,
going long this is gaining short exposure in the
bios. BIIB (Biogen) reports so be aware it could
have an impact on this issue. Chart wise its
all about an upside crossover of the green line.
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For informational and educational
purposes only, these are not
recommendations, trade at your own risk.