XBI Blew through the completion point on this daily Cypher. The sector is strong no doubt about it but is due for a pause.
I will be looking at some Bear Call spreads first thing tomorrow AM if this gets one more parabolic push off the open.
I will be looking at some Bear Call spreads first thing tomorrow AM if this gets one more parabolic push off the open.
Note
Stop was hit Dec 17th
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.