LABULABU Trade; I bought some LABU here, looks like it breaking out of this wedge. Looks like a bull flag consolidation moving out of the wedge. I should have spotted this earlier. If the T1 pattern is in play, We could see LABU at $58 maybe?
IBB
LABD - Dragon w/ Megaphone Bottom PatternHillary Clintons latest against Myland should continue to drop the bio sector. Expecting early Monday dip, then rebound. Safe entry $24.50, risky appetite at $22.75. Price target $32.
LONG LONG ProShares UltraShort Nasdaq Biotechnology ETF (BIS)ProShares UltraShort Nasdaq Biotechnology ETF BIS has already build up its base line or support you can say. It is the only stock (ZBIO, LABD) where the price line has clearly shows the support over the last one year period of time from July 2015 till Aug 2016. Slowly but gradually it's going NORTH. Time to buy for long time holders.
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LABD Direxion Daily S&P Biotech Bear 3x Shares As soon as the red solid channel breaks. it's time to party.
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ZBIO ProShares UltraProShort Nasdaq BiotechnologyIt's a buy those who doesn't like to go short IBB
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IBB BIOTECHRECENTLY most of the biotech companies are doing bad but somehow this ETF is going up. I saw weakness in technical analysis of monthly charts but weekly and daily needs to go down before shorting. Think this IBB bull will be ashort lived and once broken it will be a free fall zone. Leap options for short side will be a good bet. Don't go short yet but a good candidate for follow up.
Ready to go?Tremendous upside on coiled reverse H&S. That corner is incredibly tight. Huge BO w bigger Short Squeeze
IBB ShortBioTech looks to be topping out. Bearish RSI divergence signalling potential top. FIb levels for potential reversal points included.
XBI great short - My favorite lately REJECT at 200 D SMAHas been supported by markets but not for long. check out 200 day ma..
One right moveAt the handle of a double bottom within the right shoulder of a 1yr old massive inverted H&S w/ significant short squeeze potential.
XBI remains bearish IMOThe gap may close to 57.30's but I'm expecting it to fall below mid 55's , where it should continue to drop IMO
