LABU Trade Setup…

LABU reached my price objective yesterday at 16.11. This is an area where we can expect to see a reversal or consolidation pattern to begin forming. I’m going to buy 1000 shares at the market at 17.16 with the sell/stop at 14.89 just below today’s low. As of today I’m just expecting a relief rally of some kind to one of the fib retracements.

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