Epoch 27 - Biotech Bounce?

A Technical Breakout Appears, but is it Real?

Hello Avatar!  Welcome to another week of biotech analysis.  XBI appears to have made a significant bounce earlier in the week and appears now to be showing a technical breakout above an established double bottom pattern.  Everything is lined up for a bounce off an oversold condition, let’s see what happens as there is still a wall of macro headwind to …