Bought 10% LABD @ $25.15 Stop @ $23.30 Target @ $34.49 With a run this long, the biotech sector is due for a pullback. This morning’s spike higher and then fade lower gave us a 2B top, which is often the indicator we need to confirm a trend reversal. LABD is the 3x inverse etf and will go up as the biotech index drops.
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