XLC Looks like FB saved my bacon on the reversion to mean swing
trade. I took a third entry yesterday before the close and I'm
already in the money. Targeting the 9/13 ema to start on the rally
though will keep an open mind.
FB is 24% of the fund and NFLX is in it too..so if it can bounce
I think I'm in good shape. Others like T are strong in it and DIS
due for catch up trade too. Shows again the power of rotations I
mentioned which always happen. My focus with this strategy is to
get them very stretched away from their 9 Ema and near supports.
Previous big winners XLP and IYT I posted here.
I prior listed the holdings, though no computer with me in the
mountains, so only text today.
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XLC Looks like FB saved
Posted by fundamentalvalues on 28th of Apr 2022 at 07:32 am
XLC Looks like FB saved my bacon on the reversion to mean swing trade. I took a third entry yesterday before the close and I'm already in the money. Targeting the 9/13 ema to start on the rally though will keep an open mind.
FB is 24% of the fund and NFLX is in it too..so if it can bounce I think I'm in good shape. Others like T are strong in it and DIS due for catch up trade too. Shows again the power of rotations I mentioned which always happen. My focus with this strategy is to get them very stretched away from their 9 Ema and near supports. Previous big winners XLP and IYT I posted here.
I prior listed the holdings, though no computer with me in the mountains, so only text today.