$XBI $LABU Turtle Soup BUY on the DAILY (Linda Raschke pattern)

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

⋅ 27 juil. 2018 20:30

XBI LABU closed above previous 20 DAY lows XBI(94.01)|LABU(91.30)/ after making new 20 day lows XBI(93.99)|LABU(90.08). This sets up a power reversal pattern on the daily chart. Stop = prior 20 DAY lows. Low ADX (15) enhances "reversal effect". See my previous "Turtle Soup" charts & outcomes to define projections. Trail stops.

Plus