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Strategies & Market Trends : The Art of Investing

PICK 49.91

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Dec 19 4:00 PM EST

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To: Sun Tzu who wrote (3459)	1/28/2022 4:12:11 PM
From: Jacob Snyder	Read Replies (1) of 10709

XBI: from my reading, the prospects for biotech are as good now as they ever have been. There are a growing list of diseases which biotech tools could cure or treat. The tools available have improved. The success of mRNA vaccines has caught everyone’s attention. Rising interest rates means future profits are worth less today, says the theory. Any other reason for the decline since early 2021, and the sharp decline so far this year? Chart looks ugly. What makes you think there will be support before $65 (2018, 2020 double bottom)? schrts.co

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