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iShares Nasdaq Biotechnology Message Board

  • variationisenemy variationisenemy Jul 16, 2014 6:48 PM Flag

    Looks like a head & shoudlers pattern

    In the short term. Shoulder late June, head early July & shoulder mid-July. Price target should be around $244. There should be some good support around $246 - $247 that built up in mid-June but the volume has been up, so the buyers who make up that support may be getting out because of all the yellin' about PE's. So I'm kind of cautious about getting in just yet.

 
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