AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Failed once when it tried to break the descending triangle, looks like it will test all the lower support lines around 51.00. Start accumulating there and maybe do an inverse buy ladder between 51.00 and 40.00. Half a position there and add the other half when it breaks the upper support line noted. Not financial advice.
Comment:
Picked up some at 45.00 on the buy ladder, accumulating at these levels, last ladder buy at 40.00
Comment:
last ladder buy at 40 was filled. other half of position will be filled when it crosses the green line
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