LABU (XBI) LONG - Price Target: $70. Long

Direxion Daily S&P Biotech Bull 3X SharesArca

Description

⋅ Aug 13, 2020 3:17 PM

Moving average convergence/divergence crossover on multiple timeframes, RSI rising quickly out of overbought area, price bounced off of a long term price support/resistance line.

Target $70 : Tight stop loss

Comment

⋅ Aug 18, 2020 4:37 PM

Possible cup and handle forming.

Trade closed: stop reached

⋅ Aug 24, 2020 6:34 PM

Comments

Asanato

⋅ Aug 13, 2020 3:19 PM

Interesting chart :)

jfs2152

⋅ Aug 13, 2020 3:21 PM

@Asanato, Thanks! I guess we will soon find out if it's accurate or just art lol

jfs2152

⋅ Aug 17, 2020 4:23 PM

@Asanato, Looking good so far :)