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range. direction is unknown until range broken. wait.
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Q & A? How about "I hope you are right!" as I own XHB in my retirement account. Look at a weekly chart as it looks like it wants to make new multi-year highs.
Q & A? How about "I hope you are right!" as I own XHB in my retirement account. Look at a weekly chart as it looks like it wants to make new multi-year highs.
weekly sure looks good. a typical base and breakout setup.
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PAGE KENA
Big dome, little dome targets; both met
Back-testing at the 38% fib
What's next boss?
I think she may bounce down to fill a gap or test a low ???
(Merry Xmas boss )
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Q & A? How about "I hope you are right!" as I own XHB in my retirement account. Look at a weekly chart as it looks like it wants to make new multi-year highs.
XHB looks like it has a flag.
I see a flag as just a holding pattern, as it decides what it wants to do, drop or continue to rise.