LABU trade ideas
LABU - LongLooking for a long entry if we can break resistance of 54.17. Watching for RSI to break through the white trend line. Move stops just below 5 minute higher lows. Watch for volume spikes on lower time frames.
LABU - TIME TO GET BACK IN THE LAB! XBI LABD!My plan here is to layer into the market. The market is on fire but I believe that just opens up room for more profit when everything comes back together. Everyday the Biotech market falls, add more shares. Could see master gains here into 2019. Be patient and believe in the market.
LABU-Flat wave to continue?Labu on watch I have 1 small long entry at 67.
Went short after the break of 66.
Looking to catch a wave higher. Watching PA for confirmation.
tp-1 68.3
Labu- Looking for a swing.Possible breakout in Labu. Signs of a deadcat bounce but also a V shape recovery. Both say higher price so we ride.
LABU broke out a arch channel, next hitting the lower channel80-84 USD....
SVXY is going to suck so load up on LABU when it gets lower.
SOLD my LONG position on Friday...Will take position when indexes show more strength...Great set up soon...
Wheels haven't fallen off just yet...Here's hoping this can whether the pullback coming in the indexs...
Looking good! Holding LONGBullish setup on the daily and weekly charts...Holding LONG. Only concern is the overall market is due for a pullback soon...
LABU still has to penetrate below channel arch.We are likely to see LABU break down out of the channel arch and hit 80-82 before it starts climbing again. We have some VOL to face during the next few days. Overall I am a cumulating a long position as it drops.
Lets see if it reaches the upper band of the channel arch.
