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Biotech Still Holding Support

FYI: (The Linkster might have given up a little to quickly when I sold my FBTCX back in early March. Stll holding PRHSX which holds a good amount of biotech.)
While the broad market equity indices are slightly in the red today, the Nasdaq Biotech index is rallying by nearly 2%. This bounce is certainly welcomed by Biotech bulls since the group has been trading right on top of key support over the last couple of weeks. You can see the trading action in the chart below:
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/biotech-still-holding-support/

NYSE Arca Biotrechnology Index:
http://quotes.wsj.com/index/BTK

M* Snapshot IBB:
:http://www.morningstar.com/etfs/xnas/ibb/quote.html
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