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David Russell
June 4, 2025
Biotechnology stocks have struggled this year along with the broader health-care sector, but some traders may think a bullish turn has begun.
The first pattern on today’s chart of the Nasdaq Biotechnology Index is the series of lower highs since early April. NBI closed above that falling trendline yesterday, which may signal …
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Nasdaq Biotechnology Index, daily chart, with selected patterns and indicators, courtesy of TradingView.
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