$LABU 3 X Bull Biotech ETF.
Added 2024-10-28 12:40:10 +0000 UTC$LABU has been consolidating since July but has been able to hold above the 200 Day MA since May.
After this earnings season, $LABU may be able to take a direction and bulls will want this to break to the upside.
Impulse wave is present here so it is in their favour, but a test of the top line of this wedge will need to be tested next at $145, once this level is clear then the next target is $180 and then Wave 3 at the 1.618 Fib at $221.
