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AllAboutMoney

a punished sector is going to rebound

Long
Direxion Daily S&P Biotech Bull 3X Shares (AMEX:LABU)  
AllAboutMoney  
AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
Trend Analysis Harmonic Patterns Chart Patterns bullishpattern Bullish Patterns LABU PHARMA pharmaceuticals
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trendanalysis harmonicpatterns chartpattern bullishpattern bullish labu pharma pharmaceuticals
LABU is about to take off, one of the sectors most affected by the reduction in earnings due to the decline in medicine sales during the pandemic. However, it shows signs of stabilization, at least a 17% and a 35% in the foreseeable future with two falling wedges. Remember cyclicals in a overload market.
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