Posted by pugsma on January 24, 2017
11:50 pm EST: BIB price came up just a little short of the triangle target of 47.68 hitting 46.64. Now BIB price has retraced 88% back to 40.22 at the lower end of the yellow triangle. If BIB price holds above 39.48, then there will continue to be a set of higher lows and there is potential for another push higher to 43.25 and possibly 49.35. If the 39.48 price is broken, then there is the potential for re-test of the 35.00 low.
BIB 60-min chart:
Posted in Add-On Service, BIB | Tagged: BIB Technical Analysis | Comments Off on January 24th, 2017: BIB 60-min Chart Update
Posted by pugsma on January 13, 2017
BIB 60-min chart:
Posted in Add-On Service, BIB | Tagged: BIB Technical Analysis | Comments Off on January 13th, 2017: BIB 60-min Chart Update
Posted by pugsma on January 4, 2017
BIB 60-min chart showing a potential bullish triangle break-out above 43.25 with a ST target at 47.68.
BIB 60-min chart:
Posted in Add-On Service, BIB | Tagged: BIB Technical Analysis | Comments Off on January 4th, 2017: BIB 60-min Chart Update
Posted by pugsma on March 16, 2015
5:10 pm EST: Here is the update to the BIB wave count.
BIB 4-chart chart (EOD):
BIB daily chart (EOD):
Posted in BIB | Comments Off on March 16, 2015: BIB Wave Count Update
Posted by pugsma on February 4, 2015
12:05 pm EST: Here is the BIB (Bio-Tech Sector 3X ETF) wave count update. Very important that the 116.34 level hold during this pull-back.
BIB 4-hr chart (EOD):
BIB daily chart (EOD):
BIB weekly chart (EOD):
Posted in BIB | Comments Off on February 4th, 2015: BIB Wave Count Update
Posted by pugsma on January 8, 2015
5:15 pm EST: Here is the BIB (Biotech Sector 2X ETF) wave count update. Target for P5 is 191.60, where major [5]=[1].
BIB 4-hr chart (EOD):
BIB daily chart (EOD):
BIB weekly chart (EOD):
Posted in BIB | Comments Off on January 8th, 2014: BIB Wave Count Update
Posted by pugsma on April 14, 2014
3:50 pm EST: BIB price hit 63.26 so far today. The limit of the major [C]-P4 ending diagonal (ED) is 62.24 and if that fails then the 50% fib retrace for P4 is at 59.11.
BIB 4-hr chart (EOD):
BIB daily chart (EOD):
BIB weekly chart (EOD):
Posted in BIB | Comments Off on April 14th, 2014: BIB Wave Count Update
Posted by pugsma on April 9, 2014
2:10 pm EST: It looks like P4 may have bottomed right near the 38% retrace of 71.26 and the major [C]=1.62*[A] target of 70.06. P5 should now be underway with an initial target of 112.19 where P5=1.62*P1.
BIB daily chart (mid-day):
Posted in BIB | Comments Off on April 9th, 2014: BIB Daily Chart Update
Posted by pugsma on March 27, 2014
1:05 pm EST: Here is my initial BIB (Bio Tech 2X Bull) Wave Count on the daily chart.
It looks like P3 ended at near perfect 4.21*P1 extension of 109.74. And since this 109.74 P3 high, there has been a sharp P4 correction that may have found bottom near the wave 4 of lesser degree (78.66) and the lower trend line. The 38% retrace target is 71.26 and there is major [C]=1.62*[A] target at 70.06 should BIB need to correct further than today’s 74.83 low.
BIB Daily chart (mid-day):
Posted in BIB | Comments Off on March 27th, 2014: Initial BIB (Bio Tech) Wave Count
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