Replies to post #331 on Direxion Daily S&P Biotech Bear 3X Shares (LABD)

[Ownwallstreet]

I noticed that also. Best to wait for confirmation before entering LABD here despite the cheap price.

[Sendme]

Yeah, that weekly chart is quite bullish. I was hoping for a retest of that last 81.00 break. Looks like it's about to break out of it's consolidation pennant. Thanks for the input.

[Sendme]

Qone0, I was looking at some long term chart ideas. Hopefully we will see a small pullback so I can make a little $$$ first on my LABD.

Possible Inverted H&S pattern and possible Butterfly pattern