Parabolic Extension; 20% above 250 MA

iShares U.S. Home Construction ETFArca

Description

⋅ Nov 15, 2017 6:33 PM

ITB has been running since Feb 2017. Recent swing to upside on light volume. Other indicators rolling over so longs should look to protect profits.
Shorts have a favorable risk reward ratio of 1:5. Worth a look.

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