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

$Spdr S&P Biotech Etf(XBI)$ $S&P Biotech Bull 3X Shares(LABU)$ $Xeris Pharmaceuticals Inc(XERS)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • WG1
    ·2023-06-23
    好的
    Reply
    Report