TradingView
HaseebKhan_90
Jul 26, 2022 11:30 AM

The health care sector ($XLV) is looking bullish! Long

SPDR Select Sector Fund - Health CareArca

Description

Notes:
* It seems like the health care sector is making an inverse head and shoulders pattern.
* A break out from this pattern could mean that health care stocks lead the market and the sector may see new all-time-highs.
* Be on the lookout for trade ideas in this sector as it's showing tonnes of accumulation recently
* You may also look to buy the sector ETF if it makes a daily close above the white trend line with higher than average volume.
More