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CheelooTrader

LABU - One of my favorite Leveraged ETF

Long
Direxion Daily S&P Biotech Bull 3X Shares (BATS:LABU)  
CheelooTrader Updated   
BATS:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Chart Patterns Harmonic Patterns Trend Analysis LABU
3
2
chartpattern harmonicpatterns trendanalysis labu

  • Reclaimed the breakdown level and now holding that level nicely.
  • Squeeze likely to start soon and push it to at least 5.5/6
  • If 3.4 is lost again, could test 3.0
  • I am long via commons at 3.50 today. Like the risk/reward here for a double up.
Trade active:
Working well. Price should accelerate from here on.
Trade active:
Doubled up as expected. Booked my gains around 105 and 110...now waiting for a pullback. I don't think this goes lower than 110 and watch out for next move to 200. One of the strongest sectors currently - perhaps second strongest to crypto.

snapshot
Trade active:
I added back on hold of 115 today and what a monster move it made today. Has a very angry look that could push it to 200 soon.
snapshot
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