Monday, August 13, 2018 10:07:17 PM
LABD/LABU did you get stopped out or did you book some profits?
I am not trading this one (holding out for JNUG entry) but me personally am slightly bullish on LABD from looking at the chart.
It is so close to breaking some resistances.
These are just IMHO. This looks like it broke a small cup and handle and then got sold at the longer term trend line.
If I was trading it, I might buy the retest of the small handle with a stop loss just below the bottom of the handle? (ish) LOL
Good luck. Let me know how it turns out.
I am not trading this one (holding out for JNUG entry) but me personally am slightly bullish on LABD from looking at the chart.
It is so close to breaking some resistances.
These are just IMHO. This looks like it broke a small cup and handle and then got sold at the longer term trend line.
If I was trading it, I might buy the retest of the small handle with a stop loss just below the bottom of the handle? (ish) LOL
Good luck. Let me know how it turns out.
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