XBI trade ideas
Downtrend is not changing. Still point to the downside on $LABUHold on to $LABD, confirmed by weekly chart as well.
RSI trendline break on 1-2 hour and buy signalsHave resistance at $55.20 (50 DMA), may start to form bottom.
on way drop more. If $55.5 cannot hold, could see $51 in 10 daysEven drop to 51, still at uptrend.line.
still consolidate at the resistance $LABUforming a daily Doji candlestick, no sell on daily yet, but is on 4 hour chart, be careful.
pulled back to 57 today and filled the gapfacing resistance at 60, if can break the resistance, can go to $62.5.
still uptrend but expect a pullback to $55A confirmation shall be seen on Monday, good luck on $LABU $LABD
$1 and 1 day away from reaching to the target date and price$LABU wait for one more day, what a rid and battle with idiotic traders, it shows what kind of traders they are. They kept buying LABD from $40 to $30, good for us!
still a hold, no sell signals issued $LABUStay on the action, stay in the game as long as the buy signal stays.
$LABU holding strong, XBI target is still on the way $60 by 06-03-2016 is still doable. Hold on and not be shakes out.
Watch over $59 for a long swing back upwardsPosition trade in IRA here from beginning of month at 50.62.
