AMEX:LABU   DIREXION DAILY S&P BIOTECH BULL 3X SHARES
258 6 11
2 months ago
LABU             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~
2 months ago
Comment: I see some MACD and RSI Bearish Divergence on 1H and Hidden Bearish Divergence on 4H
2 months ago
Comment: The last comment i had is according to XBI, not LABU/LABD
2 months ago
Comment: Welp....
2 months ago
Comment: keep going XBI keep going
2 months ago
Comment: so far i'm out for this trade now, and I'm just using it as a study.
this short is running great as I projected, let's see if it can close the big gap by next week.

P~o~t~a~t~o~~~!!
a month ago
Comment: Trade(study) will end when the price close the gap
21 days ago
Trade closed: target reached: Gap closed, now wait for more price actions and see we can have some long opportunities
Never get too Greedy--D. Trump
Remember: Not Lose Money=WIN
saif12 PRO
2 months ago
yes, but wait few more days, LABU is expected to reach 60. I am long at LABU from 25. I have traded LABU and LABD many times, so watch closely above 55, but not before
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Cornhub saif12
2 months ago
@saif12, I'll follow u
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nnavarrete PRO
2 months ago
Goodjob brother 1
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Cornhub nnavarrete
2 months ago
@nnavarrete, thank u my friend, i will ask you more about this biotech pair
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tcp007
21 days ago
Nicely done, Corn. A-maize-ing! :)
Reply
Cornhub tcp007
21 days ago
@tcp007, Thank you my friend~~~
Reply
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