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$IBB - Daily chart

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NASDAQ:IBB   iShares Biotechnology ETF
3
IBB completing ST (10) in accumulation pattern. Selling climax completed and weak hands shaken out. Lots of gaps open above. Watching Monday for clues, because if 249.77 holds, time to get long. If not, will look for long entry at 225.53.

Waiting for entry.. Lots of good bio names set up for short squeeze. Not long yet, but bullish

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