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khaimedic413

XLU Bullish Flag Breakout

Long
SPDR Select Sector Fund - Utilities (AMEX:XLU)  
khaimedic413 Updated   
AMEX:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Chart Patterns
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trendanalysis chartpattern
XLU formed a bullish flag pattern after breaking out of a descending trendline recently
Price has broken and closed above the flag which is the resistance on 15 March
Long 700 shares at 71. 01
Stop loss will be previous pivot low
Comment:
Edit: This is a failed breakout
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