XLE at .5 retrace
XLE sitting comfortably at 39.55 at time of this post.
This marks the gap fill we have been looking for, and a touching of the 50% retrace mark from February. HUGELY over bought right now, so i would assume some pull back here. States are starting to open up and we have some positive news on the Drug side of things.
Comfortable staying long in this right now. Hold my Fall Call options at $55 already up 150% from when they were bought.
This marks the gap fill we have been looking for, and a touching of the 50% retrace mark from February. HUGELY over bought right now, so i would assume some pull back here. States are starting to open up and we have some positive news on the Drug side of things.
Comfortable staying long in this right now. Hold my Fall Call options at $55 already up 150% from when they were bought.
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