News Sentiment
News Summary
The news focuses on Moderna, a component of the biotech ETF. It states that Moderna's stock, after a prolonged period of being depressed, has formed a technical bottom and is now accelerating upwards. The analysis highlights a specific technical pattern, a 'double bottom with handle,' forming on the stock's chart, which is typically interpreted as a bullish signal. The article's title explicitly states that this strength is only the beginning, indicating a positive outlook for further price gains.