I've been in an out of LABU over the years. I rode it up recently to the upper trend line. I now see a pullback complete and a chance we are breaking out of a bull flag higher. Stop anywhere below the flag (dotted red lines) should break above the upper trend line and move higher. IMHO
Comment:
LABU needs to push thru this resistance
Comment:
LABU had quite the beat down yesterday. Its currently holding above the trend line. Needs to move higher soon to stay bullish.
Trade closed: stop reached:
LABU trade stopped out a few days ago, small gain.
