271 6 8
The price broke the first channel trend (blue), then broke the second trend channel (pink), and then formed the first wave (1) completed the second wave (2), and now going like a rocket with wave 3.
I am in LABU             long from 25. My first target of LABU             was 43-45, accomplished, I raised the target to LABU=60 for now. as XBI             is going easy to 85-90
Trade with care and make your own Judgment.
Comment: As I said, I am long in LABU, but it is much easier to make the analysis on XBI and IBB, , LABU will follow,
Comment: Still few more $$ up in Biotech to go. I am still holding long LABU, getting closer to the target, but not yet. I may not wait for LABU to get to 60$. I will see how thing will go after 55$.
Thanks for the update
saif12 PRO koastech
you are welcome :)
koastech saif12
Any projections for the rest of the week? Thks
saif12 PRO koastech
Today, it was a small correction in the morning, and went back to normal after noon, so I guess, the rest of the week will be +Ve. slow increase, I am counting the real rocket rally will start in 2- weeks.
koastech saif12
I think so too. Right now it seems like SP will retest the breakout area around 2130s and it will most likely drag XBI with it. Most of the day it was going down with the market and around 13:42 xbi had a huge spike on high volume and after that it just went back down along with the whole market. Let's wait and see.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out