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iShares NASDAQ Biotechnology Index Fund (IBB - FusionIQ Technical Rank 74) - an exchange-traded that seeks investment results that correspond to the performance of the NASDAQ Biotechnology Index (NBI) scored a new FusionIQ BUY signal yesterday. The across the board strength in biotech the last few days shows this is an emerging area of new leadership.
Point and Figure target for IBB is 98.00.
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