Direxion Daily S&P Biotech Bull 3X Shares
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LABU , LONG

191
Here goes another shot on LABU , based on yesterdays signal but we are in a TTR ( tight trading range) , so not the best setup , but having said this, I wanted to make sure I stayed focused on LABU since I think that it is a leader based on all the biotech stocks ripping for quite a while now and the fact that it has been seeing some massive volumes and bottomed way before the market did.


I don't have a system to get me in using a buy stop but I think that these kind of setups one would be better getting in above one of the highs rather than the wedge pop I used ...
Nota
Was out of balance on wed 8th close . Per WD methodology

This is now in a confirmed stage two and I intend to continue trading it should that theme remain consistent

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