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StaylorResearch
May 23, 2021 12:22 AM

XEG-T - iShares S&P/TSX Capped Energy Index ETF Long

ISHARES S&P/TSX CAPPED ENRG IND ETF UNITTSX

Description

Hello everybody,

We are looking at XEG-T today. We are short term bullish. We believe a bearish flag is forming. We will enter a limit sell order at $8.80 which is in contact with the upper band trendline for half the position. We will continue to hold the other half of the position and look to make an exit at $9.61. We will hold a stop loss at $7.60 for the entire position.

Thank you,
"If I am through learning, I am through" - John Wooden
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