Just Get Low
The market's lately have been undergoing a defensive and value rotation. Things are starting to clear up and the koyfin shows that XLY is one of the outperformers compared to the SPY. Digging deeper into the sectors holdings 
LOW and a few other names are starting to get money rotated into them. Despite this, I think this move will happen quick, so holding a Longterm position wouldn't be smart. The information that leads me to this thesis is LOW's option chains more specifically the $250 strike has a call wall. Now if we get a gap and continue this strength, we will have a longer lasting move, even past target 2 at $253.19. LOW from a structure standpoint looks like it's ready to break the watering hole and it set a technical bottom and a liquidation bottom.
LOW and a few other names are starting to get money rotated into them. Despite this, I think this move will happen quick, so holding a Longterm position wouldn't be smart. The information that leads me to this thesis is LOW's option chains more specifically the $250 strike has a call wall. Now if we get a gap and continue this strength, we will have a longer lasting move, even past target 2 at $253.19. LOW from a structure standpoint looks like it's ready to break the watering hole and it set a technical bottom and a liquidation bottom. Not
Smashed TP 1 and TP 2 CMONN now
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.