Bio-Tech; Impressive breakout taking place

Bio-Tech; Impressive breakout taking place

CLICK ON CHART TO ENLARGE The chart above looks at Bio-Tech ETF (XBI) over the past 3-years. It has spent the majority of the past couple of years inside of rising channel (A), reflecting that its trend remains up. It created a series of horizontal highs over the past...
Biotech breakout of bullish pattern in play!

Biotech breakout of bullish pattern in play!

Bio-tech used to be an upside leader over the broad market coming off the 2009 lows. Bio-tech gave up its leadership back in 2015, where it peaked and started under performing the broad market. Over the past 15-months, Biotech has started acting a little better. Below...