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DanjaZown
About me Medical Doctor, chart analyst, inventor
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Allow myself to introduce......ummm, myself
Markets Allocation
87 % stocks 13 % other
Top Mentioned Symbols
UNG 31% | 17 SLV 13% | 7 GDX 7% | 4 LABU 7% | 4
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Biotechnology Breakout Imminent
LABU
, 240
LABU: Biotechnology Breakout Imminent

I hadn't appreciated this at first but LABU/XBI have been in a massive condensing pattern since about September of last year with support from New Years onwards. It is imminently about to breakout with an amalgamation of EMA/SMA lines and three touches on the upper resistance line. A breakout above this, which I think after Saturday's news of suspended China-U.S....

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