LABU and Deja Vu. $60 is key level for value investorsHello traders and investors
One of the important ETFs from February 2020 is LABU.
Too much upside potential with very low margin power to trade.
VWAP is most important confirmation for value investing.
LABU's chart is very look like "Deja Vu cycle" or "cup and handle pattern".
60.00 USD level is very important.
NOW WHAT?
It's very interesting if investors come back again in LABU because the Risk/Reward Ratio is more than 7 and it's up to 13.
Position type: Buy Limit
ENTRY: 59.25
TP1: 127.98
TP2: 182.81
SL: 49.70
symbol="AMEX:LABU"]AMEX:LABU
