Direxion Daily S&P Biotech Bull 3X Shares
Long
Aktualisiert

LABU

192
I like LABU here. The stock markets are starting a new cycle which will move LABU higher. I have a target of $60, but I bet it goes much higher.
Anmerkung
Retest of the break out! Should continue higher as long as the markets do.
Anmerkung
$40.42 completes the AB=CD pattern then we should go higher. If you are still holding RSI and %R are way over sold and TSI still above 0 so that's looking good too.

Snapshot
Anmerkung
So with LABU, I like to take a position when I expect a move higher in the markets. I don't expect a move higher in the markets so its hard to take a trade in LABU. However, if the BAT pattern is completing (blue shaded) then you can expect a 50% retrace up to $44 area.
Snapshot

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.