AMEX:LABD   Direxion Daily S&P Biotech Bear 3X Shares
Looking at the Pharma sector. The inverse fund LABD looks to be coming off a double bottom. THe TSI looks to be crossing and moving higher. The RSI is moving from oversold higher. IF the general markets are setting up for a sell off (I think they are) then this could be a real good play.
Comment:
Continuing to move higher up the trend line. Waiting for something big to start it off.

Trade closed: stop reached

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