Is The IBB Breakout Over $300 For Real?
iShares NASDAQ Biotechnology Index (ETF) IBB traders finally got the breakout they were looking for earlier this month when the ETF surged through the $300 level on strong volume. Benzinga pointed out that a breakout above $300 could lead to some major upside for traders back on June 16, and the breakout that followed sent the ETF as high as…