Adding to LABU @59.25 (17-07-2021)

Hello traders and investors

One of the important ETFs from February 2020 is LABU.

Too much upside potential with very low margin power to trade.

VWAP is most important confirmation for value investing.

LABU’s chart is very look like “Deja Vu cycle” or “cup and handle pattern”.

60.00 USD level is very important.

It’s very interesting if investors come back again in LABU because the Risk/Reward Ratio is more than 7 and it’s up to 13.

Position type: Buy Limit
ENTRY: 59.25
TP1: 127.98
TP2: 182.81
SL: 49.70

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