$IBKR forms weekly shark pattern

NASDAQ:IBKR   Interactive Brokers Group, Inc.
IBKR may be one of the leaders of this sector.

Back in February of 2022, the relative strength ration with XLF showed a bullish divergence against the stock's price; soon after, the stock bottomed and since has rallied +50%.

The $80 level is key and the price has formed a shark pattern near it.

As the stock is in an uptrend, I'll wait for the breakout above $83.20.

For a daily analysis, please refer to the link I left of one of the analysts that I follow closely.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.