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Actionable news in IBB: iShares NASDAQ Biotechnology Index Fund,

3 Reasons To Embrace The IBB

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The biotech sector went through heavy selling starting in July 2015, preceding the overall market sell off in January and it corrected 50% of it's run off the 2011 lows.

This is not unusual for any investment. The downtrend on iShares NASDAQ Biotechnology Index IBB 1.78% remained intact until recently the following three Technical aspects captured our eye.

A Double Bottom pattern, referred to in appearance as a "W", took place at a...