XLI has just been consolidating since early March. Pretty simple play, just keep trading when bouncing off support/resistance or sit back & wait for the breakout/breakdown.
코멘트:
Nearing the resistance level around $79.40 so have to keep stops tight in case it starts rolling over. Even if the price starts falling there may not be as much of a pullback as there seems to be some strength in this the last couple of weeks.
코멘트:
The sector broke out of the consolidation pattern on Friday. Let it run.