SamSuka
The Long Investor
The Long Investor

patreon


$LABU

Another chart I like is a Biotech ETF, broke down from the wedge and came down to our low at the blue line and has bounced in a structured manner since.

So far it has held an important Fib level at 0.65 and bounced but has been rejected at the 50 and 200 Day MA....but a pull back now to where our Wave 2 is or higher and this should make another attempt at breaking above the 200 Day MA above....then we are into the impulse wave.

I do like what I see here.

$LABU

Comments

Can you update this please?

Eric J

Update going to 4??

Chris

Any updates to LABU?

Jeff Akrawin

This undercut by a few pennies. I want my subscription money back. lol Beautiful call here. I am in for a nice gain already. Cheers and have a great weekend.

Adam L

Biotechs are setting up for a big move back half this year .. 100% agree

TommyJR


More Creators