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Archive for the ‘IBB’ Category

May 13th, 2020: IBB 4-hr Chart

Posted by pugsma on May 13, 2020

Back on May 1st, I gave my 2000+ twitter followers this simple IBB chart drawn from my iPhone CNBC application.  IBB was trading hear 120 at the time I called the potential Cup and Handle pattern with a target or 166.

Below is little more detailed IBB 4-hr chart with a C&H target near 160.

IBB May 1st, 2020:

IBB Technical Analysis

IBB 4-hr chart (5-13-20):

IBB Technical Analysis

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April 20th, 2020: IBB (Biotechnology) Monthly Chart

Posted by pugsma on April 20, 2020

The IBB Cycle 2 (C2) top (2015) pre-dated the SP-500 Cycle 2 (C2) top (2018) by about 3 years.   The Cycle 3 (C3) wave higher has been underway since early 2016 and should last until at least year 2030.

IBB Monthly Chart:

IBB Technical Analysis

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