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Not exact matches
More concerning is that $
IBB sliced through its 50 - day moving average with ease, as volume surged higher as
well:
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).
Instead, I think a
well - diversified ETF like the iShares Nasdaq Biotechnology Index, or the
IBB for short, is the actually
best way to gain exposure to this ultra-high growth industry.
Well, for one,
IBB did not herald or support any BH.
You can not compare
IBB and OBJ with President Jonathan, he is
better than all of them put together.