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$Direxion Daily S&P Biotech Bull 3x Shares ETF (LABU.US)$ I ...
$Direxion Daily S&P Biotech Bull 3x Shares ETF (LABU.US)$ I don't understand why the short sellers are selling so much. Do they know that the afternoon market will crash? Otherwise, if the afternoon market surges, LABU will rise too. Aren't the short sellers worried about being squeezed? Besides, this stock hasn't risen recently, what's there to short?
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71877919 : I've been trading this stock, but this time it's the weakest, and all technical indicators have failed. There's simply no way to analyze it. Losing to death. If you want to reduce costs with Nerola, you simply lose more and more. Every time I make money within the day, I spend it at a loss. LABU has been so abnormal during this time.
Guo Huang OP : Maybe it's because the pandemic is almost over, so many biotech stocks are falling
Guo Huang OP : In the past, UVXY and BOIL all fell to the point where people doubted life, and later they all went up to around 8 yuan
Guo Huang OP : Just look at this afternoon. If the market soars, I think it should also rise a point; if the market falls sharply, it won't fall anywhere, at best it will go back to around 4.57