Don't Ignore This Chart!

Biotech Holders (BBH) Trying to Breakout Again

Chip Anderson

Chip Anderson

President, StockCharts.com

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The Biotech ETF has had a devil of a time getting above 92 this year.  Right now it is trying again.  The low volume numbers don't bode well but remember that ETF volume data can be tricky to interpret.  A close above 92 would do wonders for this chart.  Time will tell - as always.
Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site. Learn More