LABU trade ideas
$LABU - Give me a bear hug :)First support broken. See you at 46 and then 42(possible).
MACD looking bearish along with other indicators. Can go long LABD.
Lets make some money ;)
LABU new uptrend?Looking good for a retest of the $49-50 level. Wanted to place a trade yesterday, but will probably now wait and see if this is the beginning of a new uptrend (if it breaks and holds above $55).
LABULooking at LABU, initial breakout is consolidating now, probably a 1/2 way pullback to be expected. Then a push higher to the 45-46 area. RIS overbought, so wait for a pullback soon.
LABU Posible triángulo simétrico de largo plazoPodemos ver una formación de triángulo simétrico desde septiembre 2016, esta en un punto de definición, parece estar definiendo al alza luego del intento anterior en el que no logro salir y volvió a entrar al triángulo
LABU, IBBI had an alarm set to buy at the 78.6% Fibo ($29.78). It came close but never got there. LABU is reversing hard now, this looks like a strong breakout. I will take a position at the open.
LABU longThe price is about to break the Flag from top and goes to 55 dollar.
loaded with 50% for now (high risk), and the other 50% if and when the price cross the resistant line.
This is only for sharing, Make your own judgment and take your own risk. I am taking some risk of the money already made from LABU, so no regret if this judgment turns to be wrong.
Good Luck.
1st time try LABU/LABDLABU has been going crazy up for the last 3 trading days, gaps everyday. I'm considering short LABU or say long LABD soon.
3 reasons:
1. all the up/down needs to go like zig-zags, nothing like straight up like ka-boom rocket and never gets back
2. hidden RSI bearish divergence
3. MFI is approaching over-bought area
Cheers~
Biotech - LABU - XBI - LongIt seems like Biotech has found its bottom, we should rally from here... There is a strong chance due to the elections that we may get an undercut low next week to get all the retail traders out before the big rally.
Opening LABU position today with SL at today's intra day low.
LABULABU looks right here for a reversal. The Bullish Bat pattern is in play as we reached the 88.6% pattern today. We now have a chance to go to 50% fibo which is around $40.10
LABUI 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.
