Reasons for adding long position to Biotech stocks ETF.
1)Biotech trade has bottom earlier than the S&P and Nasdaq
2) Resistance at $135
it tends to breakthrough
3) 50 MA tends to cross 200 MA
4) 200 MA start uptrend
1)Biotech trade has bottom earlier than the S&P and Nasdaq
2) Resistance at $135
it tends to breakthrough
3) 50 MA tends to cross 200 MA
4) 200 MA start uptrend