LABU trade ideas
Bullish Divergence Watchlist. LABU. Is there any particular setup people would like to see me posting consistently? I don't want to leave people behind when I start doing something different. And you would be helping me too because it's always beneficial to make sure the fundamentals are solid.
If you have a concept you'd like me to work through please leave a message below. No one is asking me to do anything at this point in time so you would be first in line. I get tired of bossing myself around sometimes. Sometimes though, ok, please let's keep it civil if at all possible.
Biotech's Lookin' Good (for a bit at least)Bull flag that looked for a short while like it was pulling a head-fake and retreating but in the last hour of trading (as always) my instincts are rewarded and it continues to climb up. I've put in a prospective overhead resistance but remember to trail your stops because anything can happen! Other ETF's are looking bullish too like DRN, SOXL and TECL.
LABU MACD Histogram just turned positiveThis is a Bullish indicator signaling LABU's price could rise from here. Traders may explore going long the stock or buying call options. I identified 41 similar cases where LABU's MACD histogram became positive, and 39 of them led to successful outcomes. Odds of Success: 90%.