LABU

LABU looks right here for a reversal. The Bullish Bat pattern is in play as we reached the 88.6% pattern today. We now have a chance to go to 50% fibo which is around $40.10

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First target reached, have a stop in place to protect your gains.

Trade closed: target reached

Sold 1/2 my position

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Is LABU bull flagging and setting up for another run higher?

Trade closed: stop reached

The bull flag on LABU is taking too long to move higher. I think its time to close the trade.

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LABU could be set up again for another run higher. Possible Bull flag, and 61.8% FIBO retrace

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Is it too late to buy LABU? Short term maybe. Look at the purple arrows. All are where I have sell signals (red SELL). The last 2 worked perfectly, now? If we get a strong break out of the bull flag, then BUY. We could get one more correction. IF you see what I mean?

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Amazing how that worked out. Next target $32.50. Might be a good BUY there.

bhowe

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bhowe

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