The biotechnology ETF $IBB has limited upside near-term. The max upside is $306.75. This is the level that Pro Traders will be shorting. Notice below the range the $IBB has been trading in. When it hits $306.75, it will be the high end of the range. The downside could be huge on this trade, with the lower target of the range at $250.00.
I post all of my trades on Verified Investing and you can follow every trade i take in real time, verified, here: verifiedinvesting.com/JennyRebekka
I post all of my trades on Verified Investing and you can follow every trade i take in real time, verified, here: verifiedinvesting.com/JennyRebekka