hermes_trisme

XLV is in tight equilibrium; will break soon

לונג
hermes_trisme מעודכן   
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.
הערה:
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
הערה:
Taking another 25%
העסקה בוטלה באופן ידני:
Closed rest at 146.8

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.