SimplyCash

Looking for a bounce off of the 0.5 fib retracement at $46.18

AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Keeping an eye on the biotech sector as we see the markets skip due to reactionary virus fears. The weekly may indicate a bullish wedge pattern as it the price swings converge closer and closer together. Short-term bearish. Mid to long term, bullish.
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