$XBI Look at that volume yesterday, that isn't small money
buying. Big bar. I'm long via LABU (3x etf), bought off the prior
support on the big down day:
https://schrts.co/EQNVuHUB
Would be nice if it can break out of the range at some point. It
will eventually. M&A activity picking up in the space as most
of these companies are trading below their cash values, biggest
intraday gain since 2020:
$XBI Look at that volume
Posted by fundamentalvalues on 18th of Jun 2022 at 08:40 am
$XBI Look at that volume yesterday, that isn't small money buying. Big bar. I'm long via LABU (3x etf), bought off the prior support on the big down day: https://schrts.co/EQNVuHUB
Would be nice if it can break out of the range at some point. It will eventually. M&A activity picking up in the space as most of these companies are trading below their cash values, biggest intraday gain since 2020:
https://seekingalpha.com/news/3849687-biotech-outperforms-as-deal-making-heats-up