RE:XBI Correlation Bullknit101 wrote: Oddly enough, the XBI etf technicals correlated to US MSOS etf and other Cannabis plays. XBI has a great day and showing sign of an uptrend. There cannabiboid biotechs like InMed that could start trending up soon and Curaleaf could be at the start of a sustained uptrend leading to CAOA release. https://finance.yahoo.com/quote/XBI/
Agreed. Tight coil forming on the daily chart. A triple bottom on the 2 year chart and a massive inverted head and shoulders on the 5 year. All super bullish formations.