This is shown on the weekly chart of $
IBB below:
Not exact matches
The iShares Nasdaq Biotechnology ETF (
IBB) hit a high of $ 300.29 Thursday, and closed at $ 300.08, just
below the $ 302.40 level hit in January.
The daily chart pattern
below details our exact entries and exit prices for the $
IBB swing trade.
If you profited from this $
IBB trade with our entry and exit signals, or perhaps managed the trade in a different way, feel free to leave us a comment
below.
That same moving average crossover happened in $
IBB last September as well, BUT the 10 - week MA fell back
below the 40 - week MA (until two weeks ago).