Looking at LABU, initial breakout is consolidating now, probably a 1/2 way pullback to be expected. Then a push higher to the 45-46 area. RIS overbought, so wait for a pullback soon.
Note
Didn't get the flag, just moving higher. Note
Trade on target, looking for 46-47Note
Trade still on track. Id be looking to cover with stops once you get to 45.63, might go as high as 47.09 so don't sell all. Just be cautious.Trade closed: target reached
I think a tight stop is order here. You might get a double top. Right now the road map has been met, probability of a downturn. Im selling. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.