LABD
Big test tomorrow. I think it fails.Check out bottom trend line and today's bottom. Unconvincing bounce.
Rarely see a cleaner setup then this. 1) Gaps under 50DMA 2) long red Maruboza 3) About to cross daily Ichi 4) Breaks out of upward channel
LABD Reversal in the making?MACD is about to crossover on the YTD interval, and middle Bollinger band will soon touch price signifying a bullish characteristic. Keep an eye out on this.
!BIOTECH WARNING!Big short potential if IBB doesn't break back into the wedge tomorrow (2/11). Ill be looking to add more LABD by the end of the week if we don't see a bounce. This could be a big one!
