XLY (Tsla and Amzn)
Been awhile since I charted XLY..
Rallied up to resistance last 3 weeks.
Wedge pattern is showing here similar to Amazon chart (See link)... that's why I like to look at a stocks sector before I chart and trade the stock. Stocks that are heavily weighted in a sector tend to move more In sequence with the chart of that sector.
The Daily CCI is up in corrective territory, I think we test 124 before a leg up and a breakout.
Very very bullish over 150. Anything below that I consider a fake out
Rallied up to resistance last 3 weeks.
Wedge pattern is showing here similar to Amazon chart (See link)... that's why I like to look at a stocks sector before I chart and trade the stock. Stocks that are heavily weighted in a sector tend to move more In sequence with the chart of that sector.
The Daily CCI is up in corrective territory, I think we test 124 before a leg up and a breakout.
Very very bullish over 150. Anything below that I consider a fake out
İlgili yayınlar
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.
İlgili yayınlar
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.