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DanjaZown

Biotech's Lookin' Good (for a bit at least)

Long
Direxion Daily S&P Biotech Bull 3X Shares (AMEX:LABU)  
DanjaZown  
AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Trend Analysis Chart Patterns biotech biotechnology biotech-etf
3
0
trendanalysis chartpattern biotech biotechnology biotech-etf
Bull flag that looked for a short while like it was pulling a head-fake and retreating but in the last hour of trading (as always) my instincts are rewarded and it continues to climb up. I've put in a prospective overhead resistance but remember to trail your stops because anything can happen! Other ETF's are looking bullish too like DRN, SOXL and TECL.
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