Chart Analysis – LABU and LABD

This is a good example why stock price down….
LABD, S&P Biotech Bear 3X ETF.
Fibonacci topped fan line + Major Fibonacci extension levels such as 261.80% + Bearish candle => Price down.

LABU, S&P Biotech Bull 3X ETF, 3 White Troops formed and main support level is 29.39.

labd chart

labu chart

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