AMEX:LABU   DIREXION DAILY S&P BIOTECH BULL 3X SHARES
273 13 12
BioTech had started the big rally finally. Record volume today.
22,46% in one day. It's not bad and it's only the beginning.
The rally should last 1-1.5 months...
Don't touch the portfolio just let it work for at least 1 month.

WATCH THE POTENTIAL.
We might be talking about 500% this year.... (200$)

Abpraller

I like this trade as well.. entered today. biotech is due for a rally!!!!
Antworten
a really broad question but how do you analyze your stocks?
Antworten
chartwatchers PRO DagonLemaire
do you mean LABU or Oil stocks?
Antworten
DagonLemaire PRO chartwatchers
anything, anything you trade. how do you approach the trade? or do you approach each trade differently?
Antworten
How about DUST? The chart looks similar like LABU also with high volume.
Antworten
The problem is that when you are buying DUST is the same when you are shorting the gold miners.
And gold miners are very strong now...
I think sooner or later gold will move down into its daily cycle low (1180-1150$) and then DUST can have a pop up.
If sometrhing happens and gold starts to run again without coming down to 1150-1180$ then DUST will break down.
I say that this week and next and maybe the week after next is the chance for DUST to pop. But by the 22nd of April you must get out of it the latest...
LABU is a different story. It's the new big story like internet and computers 10 and 20 years ago.
It is starting the bull market now.
Antworten
CyBriz chartwatchers
nice~ :)
Antworten
And don't forget it's a 3x ETF. Same like NUGT just the opposite direction.
So when GDX is making +1%, NUGT is making +3%.
And DUST -3%.
But sometimes this number is : 5% GDX, 15%NUGT, -15% DUST...
:) So timing is important. This is the 2-3 weeks when we can steal some money from the gold bull if we short it.
But thats it... And we might just lose money. :)
Antworten
CyBriz chartwatchers
thanks for your insight. :)
Antworten
CyBriz CyBriz
by the way, are you thinking of buying any biotech stocks?
Antworten
Deutschland
United States
United Kingdom
India
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden