Mulakan
SPDR Select Sector Fund - Financial
Panjang

XLF breaking out?

Oleh noahkeene
Telah dikemas kini
Once XLF closes above trend line on weekly chart and opens Monday 2/15/21 higher than Friday's 2/12/21 close I am expecting a breakout. I will be buying September out of the money options around $34. Right now they are $1.20. It could possibly 3x in relativity short period of time. If it is rejected at trend line it could be a triple top and get slapped down pretty hard. I am leaning towards a breakout. I am not a financial advisor. Do your own DD.
Nota
XLF closed above the weekly resistance line on the weekly. Closed at an all time high close on the weekly and daily candles. XLF is still 8 cents away from the ATH. If we open at an ATH on Monday I will be adding to my position.
Nota
Best trade of the year so far! Going to tighten my stop loss so I can lock in profits
BRKBChart PatternsJPMXLF
noahkeene

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.