$XLE -- Long
XLE hold the long support level; breakout of the triangle at the major resistance
A base with double bottom (W pattern) was created in the triangle to have a base support for the breakout and up trend.
Could hit 52 weeks high again. RSI might hits 70 at over bought level and might come back down for a re-test. Good luck
A base with double bottom (W pattern) was created in the triangle to have a base support for the breakout and up trend.
Could hit 52 weeks high again. RSI might hits 70 at over bought level and might come back down for a re-test. Good luck
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