Like we said last week, XBI is flagging. What we want to see this week is consolidation and a bounce off of the $80 price point on XBI then an acceleration past $82.50. I drew a hypothetical path with the blue arrow line on the daily XBI chart. This would carry XERS as well and give it a buying boost. Mixed that with some news and we should have a nice run at $2.50+. If I see that bounce on XBI, I'm going swing some XERS around my core. GLTA
$Spdr S&P Biotech Etf(XBI)$ $S&P Biotech Bull 3X Shares(LABU)$ $Xeris Pharmaceuticals Inc(XERS)$
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