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.
Regular subscribers of The Wagner Daily should note our clear, predefined trigger, stop, and target prices for the $ QQQ and $
IBB trade setups in the ETF Trading Watchlist section of today's report.
From February of 2016 through June of 2017
IBB traded in a tight range from $ 83 to $ 98 while Donald Trump continually fired shots against the healthcare sector.
Not exact matches
In today's stock pick video, we discuss the potential swing
trade setups in 2 stocks and 2 ETFs: $ SPY, $
IBB, $ TPX, and $ MW.
Our short setup in iShares Nasdaq Biotechnology Index ($
IBB) remains on our watchlist as a candidate for potential swing
trade short sale entry going into today (December 17).
Based on the weekly and daily chart patterns above, we have officially added $
IBB to our watchlist as a potential swing
trade setup on the short side.
On September 6, via Courtesy
Trade Confirmation alert to subscribers, we confirmed the exit of our $
IBB position when it hit the official target price of $ 140.80.
The daily chart pattern below details our exact entries and exit prices for the $
IBB swing
trade.
Review this recent post on our
trading blog to see the bearish setup for $
IBB.
BIOTECHNOLOGY: e.g. BBH and
IBB or heavyweights Amgen (AMGN) and Genentech (DNA) can be
trading buys on strong pullbacks.
Which likely means we can continue to see the
IBB just continue to
trade in place, in the $ 285 to $ 305 range.
The iShares Nasdaq Biotechnology ETF (NASDAQ:
IBB), an ETF that holds a diverse set of stocks from the biotechnology sector, is also off by more than 2 % in afternoon
trading.