| These ETFs have all seen strong trending movement recently. Another sizable trending wave has just begun or is likely to commence soon. The strong price moves present trades with high reward potential, especially if a stop loss can be kept relatively close to the entry point. Potential changes in the direction of the trend are also important for traders already in positions.
The iShares Nasdaq Biotechnology ETF (IBB) is in a downtrend extending back to the $400.79 peak in mid-2015. After a sharp decline in early 2016, the ETF has been moving in an expanding range, with resistance near $300..........................................Full Article: Source
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