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Auyelbekov
Nov 16, 2018 4:41 PM

LABU big short Short

Direxion Daily S&P Biotech Bull 3X SharesArca

Description

Buy LABD
Comments
Shahkulu
chart + indicators clearly showing a rebound tbh.
Shahkulu
@Shahkulu, at least to 60-70$ levels.
Auyelbekov
@Shahkulu, show your chart count pls then
Shahkulu
@Auyelbekov,
I mean your chart shows, that.
Your EW count is of I think.

Auyelbekov
@Shahkulu,
look here it's XBI the Biotech ETF(labu identical) in xbi the target is 66, but now price is 77, 13% move possible, labu it's 3x etf = 39% move possible
Shahkulu
@Auyelbekov,

Hello,
a picture is worth a thousand words,
here is my chart:



I think it may test the support again, but still bullish long-term.
Shahkulu
@Shahkulu,
and trend extension:

Shahkulu
@Auyelbekov
rebounding as of now.

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