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JacobFranklin

LABU Pullback Imminent : MACD + RSI / Price Divergence

Short
Direxion Daily S&P Biotech Bull 3X Shares (AMEX:LABU)  
JacobFranklin  
AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
4
0
RSI and MACD are showing a negative slope with price peaking to new highs, which should indicate an imminent pullback. If the MACD crosses over positively after the pullback, that is likely to be a good partial buying opportunity.
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