Survey - What would you do in this scenario

1 בדצמ׳ 2016

This is a chart that I sent to my members today.
It presents two potential trades on IBB:

1. Bullish (short term) setup - 270$ is the key zone as it presents a weekly support zone.
2. Bearish continuation (based on longer term analysis) - Continuation of the the waterfall that started on May 2015.

Waiting to here your thoughts.

15 בינו׳ 2017

הערה

Despite Trump's comments, IBB holds the bottom of the channel.
270$ is nearest support.