raising price target to 9.50
looking for price action to close above D leg of the previous ABCD pattern, and the 3rd Elliot wave. Also looking for these to act as future support levels for any retrace.
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where I initially saw the 40% move
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c leg has held the retrace in biotech so far
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and got long after the short
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bull flag breakout on xbi
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4hr chart w/ a 1.618 fib level is at 92.09
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that should put labu at 9.50-10 range
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4hr AD showing an Ascending Triangle
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just freaking beautiful
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xbi heading to $92
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Monitor this 30min chart of
XBI
XBI
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im monitoring the .618 fib level on the 30min chart potential inverse head and shoulders pattern. Im buyer of all dips
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calls locked in 7.50 strike expiration June 30th
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xbi cup and handle forming on lower time frames
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waiting for the key moving avg to cross over the daily spike level on
LABU
LABU
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another good entry point on
LABU
LABU
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would love to add at 84
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something im seeing
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will buy it back above $7.50 currently short, stop $6.70