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bhowe
14. Jul. 2017 12:31

LABU, long trade idea Long

Direxion Daily S&P Biotech Bull 3X SharesArca

Beschreibung

I've been in an out of LABU over the years. I rode it up recently to the upper trend line. I now see a pullback complete and a chance we are breaking out of a bull flag higher. Stop anywhere below the flag (dotted red lines) should break above the upper trend line and move higher. IMHO

Kommentar

LABU needs to push thru this resistance

Kommentar

LABU had quite the beat down yesterday. Its currently holding above the trend line. Needs to move higher soon to stay bullish.

Trade geschlossen: Stop wurde erreicht

LABU trade stopped out a few days ago, small gain.
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