BioTech - I want to get in!

** Comments and Likes are appreciated; New Subscribers are excellent! **

What I see..
+ I tried to get into XBI last week but got stopped out
+ Friday's bar painted a bullish kicker with a strong close above 10ma
+ MACD is bullish but merged
+ RSI at 63
+ Bollinger is narrowing...

- Immediate resistance at all-time high
- 50ma is still under 200ma
- MACD appears to be turning south

What I setup...
+ Long entry above Wednesday's high
- Stop at last week's low
+ Target at .618 Fib
:: Duration - weeks to months!

Order dibatalkan:

Missed entry; cancelling setup.