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CalebDismuke

HEAD FAKE or more upside for XLE?

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
CalebDismuke  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
XLE Stocks Energy Commodities Oil Technical Analysis
1
0
xle stocks energy oil technicalanalysis
Technically Speaking
Price breaking above 71.80. The next upside target is ~83.50ish +16%

Good support down at 65.00.

What to do?
I feel like I have missed the boat when it was at 65. Aggressive traders might be buying here, but I am going to wait.

Related Ideas

CalebDismuke
Long Potash. The upside POTENTIAL is HUGE, IMO.
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