If you've been wondering why these stocks have traded in range this week now you can see why.
XLC has been range trading in the white channel all week.
I see a bear flag..
The price action in the white is the flag, the water fall in the yellow is the pole.
If we break that fib area of 54.78 you will see MASSIVE selling from the above stocks mentioned , especially Meta and NFLX.
XLC has been range trading in the white channel all week.
I see a bear flag..
The price action in the white is the flag, the water fall in the yellow is the pole.
If we break that fib area of 54.78 you will see MASSIVE selling from the above stocks mentioned , especially Meta and NFLX.
