One more word on LABU for those of you still holding on (including myself). Everyone is expecting the SM to drag LABU down into a DCL and that could very well happen but please bear in mind that LABU or better yet Bio-tech as a whole, hasn’t really been following along and could instead hold steady and even continue foward, so for those of you still waiting on the sidelines and/or waiting to get back in, you better be quick on the trigger if and when the opportunity presents itself.. We had record volume on Tuesday and Wednesday and today is catching up pretty quick.
As a side note XBI closed above the 50 day moving average two days now, something that hasnt happen since testing it for the first time early in the month.
Good trading to you all
Ps miners are a hold with a buy on the dips
Ps miners are a hold with a buy on the dips
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