AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Here goes another shot on LABU , based on yesterdays signal but we are in a TTR ( tight trading range) , so not the best setup , but having said this, I wanted to make sure I stayed focused on LABU since I think that it is a leader based on all the biotech stocks ripping for quite a while now and the fact that it has been seeing some massive volumes and bottomed way before the market did.


I don't have a system to get me in using a buy stop but I think that these kind of setups one would be better getting in above one of the highs rather than the wedge pop I used ...
Comment:
Was out of balance on wed 8th close . Per WD methodology

This is now in a confirmed stage two and I intend to continue trading it should that theme remain consistent

艾力克~
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.