Solid bounce from the lows, running into heavy price and trend resistance after a 50% fib retrace, looks to have printed and hanging man candle for the day as well. LABD is my method of shorting this with stops right over the price R on XBI.
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.
