XBIT LT Play with lot's of upside potential IMO

115 4
This is one of my longterm play.

XBIT has crossed the CL to the upside, did a little PB , bevor it takes off to the centerline...hpefully ;-)

The exponential path so far does even kick my brain electricity for a cristal-bowl look up to the Upper Medianline. (...darn would that feel good...hehe...).

Playing it small, always in my risk range.

Comment: So XBIT is gaining momo!
Wonderful exponential in the daily for this LT play.

Comment: Still going strong - XBIT looks unstoppable.

Daily Chart:
Comment: Here's how it rocks:

Comment: The weekly shows potential resistance.
That's why I expect a pullback to the centerline.

Comment: So here we are at the U-MLH in the Weekly.
Banged it's head to the tick and closed low.
Will it be able to go up to the blue centerline?
Holding to it?...hmmm...still in it.
Great, I'm long $IBB. Great upside ($345 target)
forker IvanLabrie
Nice catch Ivan :)
If IBB comes down to the CL. again, I'l join your party hehe

@forker, this one fared well, $IBB pulled back.
forker IvanLabrie
That's the difference XBIT is a stock, IBB the fund.
As such it reacts more to news etc.
But it's not the end now, we will see how this idea play out.
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