LABU is nasty. Rejected the resistance at 39.45 and went into a deep downtrend. Currently heading toward march 2020 lows if it continues this path. Nothing is showing reversal signals as of yet so this would be a knife catch play. Only thing i can see is RSI is low enough to allow a good size run but needs bulls to step in. i would like to see some consolidation to stop the bleeding or an ema reclaim before any bullish thoughts.