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AtticusRex

$XBI $LABU Turtle Soup BUY on the DAILY (Linda Raschke pattern)

SPDR Series Trust SPDR S&P Biotech ETF (AMEX:XBI)  
AtticusRex  
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
Chart Patterns turtlesoup raschke reversalpattern reversalpoint
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chartpattern turtlesoup raschke reversalpattern reversalpoint
$XBI $LABU closed above previous 20 DAY lows XBI(94.01)|LABU(91.30)/ after making new 20 day lows XBI(93.99)|LABU(90.08). This sets up a power reversal pattern on the daily chart. Stop = prior 20 DAY lows. Low ADX (15) enhances "reversal effect". See my previous "Turtle Soup" charts & outcomes to define projections. Trail stops.
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