We just updated our MegaCap analysis with IBB
Biotechnology ETF (IBB)
Date of Analysis: December 12th, 2023
Our mathematical and timing analysis for IBB shows the following……
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- Our cycle composite analysis suggests the bottom is in for IBB as of June of 2022 low of $104.
- The ETF is now scheduled to increase into its next mid-cycle top scheduled to arrive in XXXX. At this point our mathematical calculations suggest a price target of $XXX (+/- $2) for this top.
- Once the top is put in place IBB should fall into its next cycle bottom scheduled for XXXX.
- Our price target for this proposed bottom is located at $XXX (+/- $2).
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In summary, IBB is scheduled to increase into the end of XXX. Then collapse into June of XXXX. This stock represents a “fast move” opportunity between XXXX top and XXXX bottom where a move of 50%+ is likely.
If you would like to find out exactly what IBB will do, in both price and time, and with exact time/price targets, please Click Here