I bought LABD last week based on this chart. The price closed above the supporting moving averages. The general markets are extended past 34 days in this cycle. Usually a market top happens about now.
Trade closed: stop reached
Stopped out at break even Yesterday
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.