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Global X Genomics & Biotechnology ETFGlobal X Genomics & Biotechnology ETFGlobal X Genomics & Biotechnology ETF

Global X Genomics & Biotechnology ETF

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GNOM trade ideas

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GNOM A Good ETF that Captures the Genome & Biotech Revolution
GNOM
, 1WLong
GNOM: GNOM A Good ETF that Captures the Genome & Biotech Revolution

Biotech in my opinion will be the biggest sector of growth in the 21st Century. Lot of value here in this ETF and it has the potential to explode in growth for a long time. Other good ETFs for this sector are ARKG IBB XBI. New highs in the next few years is my call on GNOM

$GNOM Went slightly lower than the double bottom and bounced.
GNOM
, D
GNOM: $GNOM Went slightly lower than the double bottom and bounced.

Medium bounce here, prbly not expecting much more from this one.

$GNOM A bit of buying at that bottom hammer, watching for pop
GNOM
, DLong
GNOM: $GNOM A bit of buying at that bottom hammer, watching for pop

Needs to break above that trend line, possible double bottom with that last hammer.

$GNOM Bounced from wedge, and failed from top doji.
GNOM
, DShort
GNOM: $GNOM Bounced from wedge, and failed from top doji.

Too much selling after the wedge break, and broke down.

$GNOM Looks ready to bounce here.
GNOM
, DLong
GNOM: $GNOM Looks ready to bounce here.

Tightening wedge along with some buy volume toward the end, looking for a upward push.