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LABD: Breakout Setup Above $6.68!
Direxion Daily S&P Biotech Bear 3X Shares
Long
LABD: Breakout Setup Above $6.68!
By ProfittoPath
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Dec 27, 2024
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Dec 27, 2024
LABD is forming a bullish breakout setup with an entry point at $6.68. Here are the trade parameters:
Entry: $6.68 (yellow line, breakout level).
Stop Loss (SL): $6.47 (below support zone).
Take Profit Targets:
Target 1 (T1): $7.11 (first resistance level).
Target 2 (T2): $7.56 (next resistance level).
Monitor for volume confirmation to validate the breakout and capitalize on upward momentum!
Trend Analysis
ProfittoPath
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