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trendinvestorpro

A classic squeese for ITB

iShares U.S. Home Construction ETF (AMEX:ITB)  
trendinvestorpro  
AMEX:ITB   iShares U.S. Home Construction ETF
Chart Patterns Triangle
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chartpattern triangle
ITB is going through a classic Bollinger Band squeeze as it consolidates within an uptrend. A consolidation within an uptrend is a bullish continuation pattern and this favors a breakout to the upside, and new highs. Re-evaluate on close below January low.
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