Extremely severe wear/oversold
Compare XBI and Labu
$SPDR S&P Biotech ETF(XBI.US$ Lowest point 65+- in June 2022
$Direxion Daily S&P Biotech Bull 3x Shares ETF(LABU.US$ Lowest point 4+- in June 2022
Now XBI has reached 65
Labu, on the other hand, dropped to 2.7
1.3 worn out in a year?
Or is it oversold?
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