Admin

XRT Double Bottom

Are investors getting over the fear of Amazon dominating the retail space?  I've been watching this retail ETF since the low, hoping for a double bottom and we're nearing the breakout point.  Set your alert.  Target is shown, if not more; up to the fibonacci line shown.   Of course bearish investors will be shorting up here; hoping to form a double top.  It can go either way.  Watch for bigger volume on a breakout.  If it fails, you know where the lower (bearish) target will be.  Enjoy!

Read More, Comment and Share......

E-mail me when people leave their comments –

You need to be a member of StockBuz to add comments!

Join StockBuz

Comments

  • Admin

    Well that didn't work.  What a mess

This reply was deleted.

Pardon our dust as this page is undergoing a facelift.  Please report any difficulties you may experience during this phase.  Contact us

***********

You're welcome to add new charts and photos using the "Add" button found at the top/right.

  • Be certain to give each a TITLE
  • Select a category that best fits
  • Select more than one category by holding down the "CTRL" key when selecting the second or third category.
  • Add "tags" which best describe your chart so it can be located by search engines. (ex. Apple stock, AAPL, long trade)
  • Since we don't charge for our trade ideas, please pay with a