tomj2417

IBT - Biotech wave 5?

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LSE:IBT   INTERNATIONAL BIOTECH TRUST PLC ORD GBP0.25
This is a popular Biotech investment trust in the UK and it has rallied nearly 20% this last week. Start of wave 5 or a monumental bear trap? That's a decent rally for sure and this count is suggesting that it may have a wave 5 in it. The only real question for me is does it need to correct further or is rockets away.....
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