$LABU- BIOTECH ETF -
Added 2024-07-18 19:27:00 +0000 UTC$LABU is pulling back to retest the breakout level of the ascending wedge.
For me this breakout level is at $121 and $125, there is a one high at the $125 that must be taken into account too, so consider this range a test.
A hold at this level and this sector and ETF is looking very strong
I have added in the 1.618 Fib as a guide to show where this potential Subwave 3 can bounce to and not surprising it is very close to the First Target
So that is the plan, a hold at the $121-$125 range and this can move higher next.
