NAK1987

LABD , Day trader ( took the day off so I get to play )

Long
AMEX:LABD   Direxion Daily S&P Biotech Bear 3X Shares
LABD is good for redder days , especially since LABU and LABD are both trading in ranges , can switch between them .

Long LABD 19.89 going to be in and out of this for the day , maybe switch to LABU if trend reverses . New to this strategy , giving it a shot.
Also actually trading on 2-5 min time frame , personal preference .

In 19.89
Stop 19.48

Comment: sold half at 20.08 , potential reversal setting up
Comment: Want to mention , right around the time I sold half I noticed a volume anomaly , hard to translate except on 1 min tf , small low spread down candle and huge volume bar ( likely buying)
Comment: sold rest at 20.12, all out for now +1.3% overall
Comment: watching LABU now .. want to see it take 60.93 to take a countertrend position on 5 min tf, maybe , right now volumes look accumulative and nicer than LABD

艾力克~
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.