buyPooh

Like IHS pattern a lot, here is another one

AMEX:LABU   DIREXION DAILY S&P BIOTECH BULL 3X SHARES
ihs
121 3 5
ihs
XBI             has been beaten down severely, but this Inverse Head and Shoulder has a play here.
Trade closed: target reached: This has completed its course successfully, now I am closing this idea.
Comment: Actually I am turning to bearish side of the trades.
for long trade idea, looking for possible fib number
snapshot
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some levels for trading:
snapshot
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the IHS shoulder is complete
snapshot
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