hermes_trisme

XLV is in tight equilibrium; will break soon

Pembelian
hermes_trisme Diupdate   
BATS:XLV   SPDR Select Sector Fund - Health Care
XLV has formed a five-week equilibrium. The price contraction is already quite tight, indicating that this equilibrium could break very soon. The context is highly bullish: the XLV price is on a weekly uptrend, and the broader market is also showing strong performance. The odds are in favor of an upside breakout.
On the chart, there is an example of a possible trade. Please note that while I’m not a fan of diagonal levels, I’ve drawn the triangle solely to illustrate the idea of equilibrium

Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Komentar:
I'm taking 50% of profit at 146.6 on pre-market strength and moving my stop-loss to 144.95.Now, I'm conviently at break-even
Komentar:
Taking another 25%
Trading ditutup secara manual:
Closed rest at 146.8

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.