You can verify it on my track record, I shorted the $IBB by going long $LABD early this week and sold it for a 12.42% profit. This was perfect timing as the $IBB is rallying nicely today. I am going to pull the old fashion 'rinse and repeat' on this bad boy ETF. The level I will short the $IBB at via buying $LABD is $293.25. Trades like this are great if you understand how to read the charts. You can take my live trade by clicking "Get Alert" when I post it on Verified Investing. Simply signup free, follow me and when I post a trade, you will get an email alert. Verified Investing verifies every trade I take and compiles verified track records. In addition, its 100% free to join, you only reward me with a few Dollars IF I give you winning trade alert information. Time to kick some a$$!
- Published: 12 August 2016
- Written by Jenny Rebekka