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TCRT-PGEN Fundamental & Technical Discussion Board
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“Time to keep an eye on biotech”Msg 118638 of 118638 at 12/6/2021 8:03:32 AM by pharmionphil edit | delete The following message was updated on 12/6/2021 8:03:32 AM. Sentiment Trader——“Time to keep an eye on biotech” Jason Goepfert on the sector sentiment I’ve been bemoaning. “Ticker XBI (SPDR S&P Biotech ETF) has been beaten down late and is presently almost 35% off its February 2021 high. At this point, sentiment has become overdone to the downside, which may be signaling an opportunity for biotech traders in the months ahead.” (Also think it worth noting that ARK-G(genomics) is down close to 50%) XBI and Ziop both topped2/8/21 Absolute bloodbath in our sector for sure a significant contributor to ziop share price decline. |
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