Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 136/61.80%
1) Find a FIBO slingshot
2) Check FIBO 423.60% level
3) Hit the top = 57/423.60%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the...
LABU on a 240-minute chart has been in a trend up gaining 100% in 3 months. Both the fast and
slow ( green and red) are above the 50 level. Biotechnology is expected to be a hot subsector
this year as healthcare recovered further from the COVID pandemic anything from startups to
big pharma- from vaccines to new drugs for diabetes, liver disease and...
On the weekly chart a LABU / LABD ratio is plotted with anchored VWAP bands and a volume
profile overlaid. I wanted to analyze this to affirm the highest of prospects for the
Biotechnology sector for 2024. LABU is triple leveraged Up while LABD is the inverse Down.
A good unleveraged biotech ETF is XBI. The chart shows LABU in a VWAP band and breakout ...
Reclaimed the breakdown level and now holding that level nicely.
Squeeze likely to start soon and push it to at least 5.5/6
If 3.4 is lost again, could test 3.0
I am long via commons at 3.50 today. Like the risk/reward here for a double up.
LABU is shown here on a 2H time frame. I am holding 500 shares having bought November 14th
on golden cross of fast and slow hull moving averages. The unrealized gain is 50%.
Here, I determine that I should en bloc or in increments close the position.
First, on the dual time RSI indicator of Chris Moody, the RSI is now over 60 and approaching
65. Price...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 5.0/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
LABU over the past ten trading days has trended down from the top of the volume profile
to near the bottom. The Price-volume trend is flat showing accumulation/coiling.
The price momentum oscillator shows an uptrend suggestive of bullish divergence and
the volumes are stable at or above the running mean. I see this as a good long trade
as some if the ETF...
looking for price action to close above D leg of the previous ABCD pattern, and the 3rd Elliot wave. Also looking for these to act as future support levels for any retrace.
LABU is gearing up for a massive rally before it dumps. I have seen this chart pattern alot and I am looking forward to see how it plays out.
Not investment advice, please do your DD.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 5.6/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
AMEX:LABU is about to take off, one of the sectors most affected by the reduction in earnings due to the decline in medicine sales during the pandemic. However, it shows signs of stabilization, at least a 17% and a 35% in the foreseeable future with two falling wedges. Remember cyclicals in a overload market.
labu break down importnat midpoint
if midpoint is broken i expec to prz y
prz y is be good apportunity to buy zone
market can change anydirection
preplan long short scenairo and stop loss
good luck to u .,.
the move was a retest of the supply zone which was up to the 3rd wave. there are no buyers up here. im looking for a min short back to the handle that broke out (cup/handle) please see my other charts where I called this 40% move
