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I don't understand your numbers application here with LABD. You must have your numbers mixed up with LABU or something
I think that the market euphoria will carry the market higher for quite some time yet, but I think amidst that trend likely soon a short term correction lower is due & playing this carefully could pay off well for that. Good luck to you and your new endeavors
Well anyhow I'm still on sidelines. But intend to enter at some point
Yeah, it's getting crushed right now. But developing as a very oversold opportunity
...And I got stopped out at 8.20 at open this morning.
(From 8.35 bought). But I will at some point re-enter and start a scaling in process for a swing trade strategy because this market is becoming overbought and due eventually for a big correction
I took a starter position yesterday Feb 20 on $LABD @ 8.35 before the close.
Will possibly add to this along the way as usual. It seems to have decent support ever since upper 7s area.
$LABD ~ Still waiting on the sidelines. But may start entering this with a position at anytime
I'm still on sidelines, however, as of this morning, but I may take a position today near the low 8 area.
Ok. I'm just not very acronymous. I'm the type that just posts & writes clearly because I have experiences with people too often misunderstanding, so I don't use short acronyms regularly.
And I wasn't aware you were already apparently in this and so 'break even' also wasn't as logically clear for me to assume about you. I suspected you possibly meant that with B/E, but I wanted clarification
Not everyone can be expected to know everyone's short version lingo & acronym lingo, & I just thought I'd clarify to reduce misunderstanding. I haven't posted here regularly often in recent years, so excuse me for not knowing all the individual lingo ;)
I'm still on sidelines as it hits a new low so far today.
Regarding your message, "finally B/E with LABD", I'm Not Sure what that means
$LABD back to 8 area today. But I'm still watching on current pullback for a major trend swing trade later at some point. This 8 area could be a good entry starting point again, but still currently waiting today yet.
That Post I made previously last month was well timed in the shorter term as it turns out at the 8 area, but only useful for a trade to near 10 area recently
That's why I'm over at LABD for consideration soon
Time To Re-Enter?? Low 8's area perhaps ?? Soon probably for $LABD. Starting to look tempting.
(After previously trading $LABU in late 2023)
Yes, thanks. A good profit result None-the-less. But crazy how much this surged higher yet afterwards. It really was very oversold as I was pointing out
No Negative Affect by Rev Split Today (1:20). No change in day to day price. Same $LABU chart. Just recapitalized.
As I stated before, It only trades based on biotech owned leveraged components. Index based funds such as this are not negatively impacted by psychological impact of a reverse split capitalization because these funds are different than ordinary stocks & penny stocks.
https://stockcharts.com/c-sc/sc?s=LABU&p=D&yr=0&mn=5&dy=15&i=p73242779150&r=1693184195250
Compare % movement to the XBI fund today on an intra-day & daily chart basis.
The same money invested into $LABU unaffected after the reverse split capitalization. Only the share price and # shares changed.
As stated previously October 20, 2023:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173066279
Wow! A late day melt up to 4.20 for a new high. This morning it looked like it was really waning & topped out for a while
Took profits on this @ 3.82. Probably this is short term overbought and we'll see a pull back. Anyhow made a profit in any event.
$LABU Scale-In Cost was 2.97.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173146031
Good Luck to everyone
L@@KING Great $LABU. Seems to be making a push towards 4 area.
(Own at average price of $2.97 after patient scaling in)
https://stockcharts.com/c-sc/sc?s=LABU&p=D&yr=0&mn=5&dy=15&i=p73242779150&r=1693184195250
November 2, 2023:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173146031
The technicals for a break out higher are still supportive with good potential currently, but a trader still needs to be vigilant & proactive, ready to exit this if things start to deteriorate again particularly if the feds interest rates continue to plague the market again.
And reverse splits you ask? They don't matter with these types of funds. Just trade thru them and don't worry about that here. It only opens & closes at the same % movement based upon underlying owned biotech components. For example, this mimicks closely the XBI each day.
I posted about this here a short while back in detail:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173066279
October 20, 2023. (reverse splits don't negative affect these funds)
$LABU ~ Starting to look good today. A nice double bottom seems to be forming from the recent 2.46 & 2.50 lows
https://stockcharts.com/c-sc/sc?s=LABU&p=D&yr=0&mn=5&dy=15&i=p73242779150&r=1693184195250
Have an Avg of 2.97 on this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173146031
Have an Avg of 2.97 on this after scaling in a 3rd time @ 2.52 a couple days ago (& prior buys @ 3.29 & 3.66).
I bought the most # of shares successively at 2.52 & 3.29 fortunately as it dropped because the same amount of $$ buys more shares at lower prices when divided up for a planned scale-in.
Now I'll wait with continued discipline to see if this can rally upward more in the short term. I'll admit now this is definitely not one of my best timed entries compared to usual history for me, but that's how it goes sometimes with trading & the result is not yet concluded.
https://stockcharts.com/c-sc/sc?s=LABU&p=D&yr=0&mn=5&dy=15&i=p73242779150&r=1693184195250
Thursday, October 05, 2023:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172969867
RS with these 3x funds is irrelevant. That issue does not affect sector based Funds like LABU. It's a common myth that they do in cases such as $LABU.
They open everyday the same based on its underlying tracking components (biotechs sector holdings) regardless of any splits.
Performance is never affected by Rev Splits on 3x funds, & if you look at long term charts you will see that when cross referencing split dates that they open & trade based purely 100% mimicking only the underlying components or index. Instead people should only worry about downside for the underlying components (biotech) sector and the fund's decay rates which vary at different times.
When they Rev Split, they recapitalize like any reverse or forward split stock, and the value and market cap stay same into next trading day, and then they trade same as the prior days based only on it's underlying fund stock components % movement. It's Not the same as penny stocks or regular common share stocks that people otherwise trade and therefore tend to sell off based on the psychology of the split news.
That issue does not affect sector based Funds like LABU. It's a common myth that they do.
Looks awful right now & a person can't be right precisely all the time no matter how good they are or have been, but I still think there is a good chance this interest rate issue subsides soon for at least a brief period long enough to pop this up into a short term profitable trade. This thing is so excessively gauged pessimistic & oversold that one of these days the reversal will probably be fierce.
I'm still looking at adding a 3rd time yet. Down currently on my last two entries (3.29 & 3.66), but not down too much relative to upside & relative to my total average scale-in price once I'm done adding here. $LABU
Added Today near new lows as a scale-in approach at 3.29 (October 5 it hit a new low of 3.26).
Started first buying near 3.66 on September 25 after my first post on Sept 22 after the market close to suggest start buying $LABU (and on Sep 22 it had traded 3.78-4.00).
I'm now very 'Bullish' short term... This is for a short term trade goal -- Applying a patient scale in approach in this higher than usual risky market environment.
~Best Wishes To Everyone~
$LABU Chart:
https://stockcharts.com/c-sc/sc?s=LABU&p=D&b=5&g=0&i=t7118487515c&r=1696548169362
You are totally right about the Interest rates correlation recently. It's been part of my analysis consideration here & I'm just prospecting that it is about priced in now or soon. It's also why I'm not initially going in heavy for total input costs yet
$LABU ~ Time To Start Buying in my view after watching this a few weeks. It traded today 3.78-4.00.
I called LABD bottom area a while back & exited for a profit & now I am rotating into $LABU.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172138563
$LABD -- Wednesday, June 14, 2023
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172670931
($LABD -- August 23, 2023)
Made a very nice profit on this latest trade along with my followers from 11-12 area to 18 recently. Done with this..... $LABD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172138563
Wednesday, June 14, 2023
"Probably a good time to get in (11-12 area). $LABD could see a short term daily chart reversal for a while"
Touched 17 so far -- Still rockin' upward since my 11-12 suggestion... When to Sell though?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172138563
Wednesday, June 14, 2023
Today 15+ since my suggestion at 11-12. Next question is When to sell?? hmmmmm....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172138563
Wednesday, June 14, 2023
Probably a good time to get in (11-12 area). $LABD could see a short term daily chart reversal for a while
$VLON ~ I called it recently in post here before the move up & news today. Added to the list of profits!
Congrats followers!
https://stockcharts.com/h-sc/ui?s=VLON&p=D&yr=0&mn=5&dy=15&id=p62820954508
$VLON Looks finally ready to move
https://stockcharts.com/h-sc/ui?s=VLON&p=D&yr=0&mn=5&dy=15&id=p62820954508
.09 low today. What's up with that?
A Circuit Breaker event
THMO
ThermoGenesis Holdings Inc
0.225
-0.0255 (-10.18%)
Volume: 3,147,811
Day Range: 0.09 - 0.265
Bid: 0.2235
Ask: 0.2276
Last Trade Time: 3:26:14 PM EDT
Total Trades: 2,945
Yes, as stated I am aware of the news potential as a distinct possibility other than current overbought technicals. Everyone individually needs to weigh their own risk.
But that aside, the main point people like myself have been saying since last week is technically speaking $AEZS is reasonably over bought in the short term.
GLTU
It still has Not breached latest resistance of .74. Until it does & would break out beyond that, this thing is correctly stated as near term topped out.
In any event, at this point it is reasonable by anyone to assert this is very overbought in the short term without sudden news to prop it up more. To count on it to propel yet further without a news catalyst is excessively risky speculation in the short term.
A pullback in the short term at this stage is most likely, just being objective & realistic as a short term trader. Sure, there is a small chance it flies higher for the wild gamblers out there, hoping it will. But odds are probable in the short term it's topped out. Just 'Hoping' it'll just continue is a poor substitute for a good disciplined trading strategy.
$AEZS ~ Appearing overbought in the very short term, so I'd start taking profits here in my opinion. A scale out in a couple increments as a wise option just in case it might have a little more upside volatility, but as far as short term trading is concerned, it seems sensible to start taking profits. Unless news suddenly appears to save it, it probably will start pulling back a while (but we'll see yet). But as a rule, I always take profits with short term trading & do not get caught up in excessive speculation with these penny stock & unprofitable biotechs
A nice, solid 100% or more profitable run for my followers.
Best Wishes to everyone else!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159875008
I have an average result cost near .34 (mid to lower .30s) for private followers.
$AEZS is another large profit for my private followers
https://stockcharts.com/c-sc/sc?s=AEZS&p=D&yr=0&mn=5&dy=15&i=p86871915361&r=1599239571255
$AEZS shaping up Well. It broke out above out above latest resistance (.44-.45) I pointed out before to watch & had a nice close to hold above .50+ threshold.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159875008
I have an average result cost near .34 (mid to lower .30s) for private followers. Looking good yet with it in the low .40's.
$AEZS is now the 10th profitable trade out of 11 for my private followers (as a recent period example since 2019)
https://stockcharts.com/c-sc/sc?s=AEZS&p=D&yr=0&mn=5&dy=15&i=p86871915361&r=1599239571255
$AEZS ~ Chart Below {1/04/20}:
Still hanging on to $AEZS. Looking good. It needs to break out above latest resistance (.44)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159875008
I have an average result cost near .34 (mid to lower .30s) for private followers. Looking good yet with it in the low .40's.
$AEZS is setting up to make the 10th profitable trade out of 11 for my private followers (as a recent period example since 2019)