Home > heikin-ashi > The #biotechnology is poised to go higher $IBB #heikinashi #trendfollowing #markets #biotechs

The #biotechnology is poised to go higher $IBB #heikinashi #trendfollowing #markets #biotechs

September 19, 2020

Biotechnology ETF ($IBB) daily

  • (+) Break above the descending channel. A higher high.
  • (!+) haDelta shows a sign of reversal.

 

Biotechnology ETF ($IBB) weekly

  • (+) The downtrend is shorter (until now) than the uptrend.
  • (+) Breakout above the haDelta downtrend resistance.

 

Biotechnology ETF ($IBB) monthly

  • (!)  @resistance
  • (+) An ascending triangle-like formation.
  • (!+) haDelta points to a reversal.

 

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