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dorfmanmaster

Software at 200sma + Horizontal

Long
iShares Expanded Tech-Software Sector ETF (AMEX:IGV)  
dorfmanmaster  
AMEX:IGV   iShares Expanded Tech-Software Sector ETF
Trend Analysis Chart Patterns Technical Indicators Microsoft (MSFT) CRM ADBE INTU ORCL software technologystocks cloud snps
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trendanalysis chartpattern indicator msft crm adbe intu orcl software technologystocks cloud snps
IGV, a Software based ETF, is currently at the 200sma which has shown support before. It is also at horizontal support from February highs.

Trade setup is drawn in chart. The risk-reward-ratio is above 4.

Top 10 holdings
  • MSFT (10%)
  • CRM (9%)
  • ADBE (9%)
  • INTU (7%)
  • ORCL (6%)
  • NOW (5%)
  • ADSK (2%)
  • PANW (2%)
  • SNPS (2%)
  • WDAY (2%)

Good luck.
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