Sep. 23 at 9:58 PM
$ABCL NO ONE is really SELLING. Slim trading range, as we prepare for the Next Leg UP!
Don’t be a SUCKER and SELL‼️
$ABCL Sold off with
$XBI and most of Market today.
Bright side:
1. Volume came in lighter than yesterday.
2. Awesome 👏 buying opportunity
Glad we finally tagged
$13. Now waiting on Mr.
$17-
$20’ss.
If you own biotech stocks, watch
$XBI
XBI is the SPDR Biotech ETF, holding a broad basket of biotech companies. Think of it as a quick gauge of overall biotech sentiment.
If your stock drops 3% but XBI is also down 3%, that’s important context—(it’s macro related)
I always compare individual biotech moves to
$XBI. It helps separate “something is wrong with my stock” from “biotech is getting sold today.”
$XBI = the biotech market thermometer.
Today,
$ABCL $XBI are both down about 3%. Nothing is wrong here. All sectors are down.
In fact, considering we had such a good day yesterday, holding with
$XBI should be viewed as a win!
$XBI will bounce tomorrow so will
$ABCL
