I have nailed PAVE twice before to the short side. Now we have a wonderful opportunity to take it to the long side as it is on the verge of breaking out.
PAVE is a U.S. Infrastructure Development ETF I will spare you all the cute stories about infrastructure. You can find many of them on social media and pick what you like best. As far as the chart goes this is...
Massive minirally on the daily appears to have come to an end. Is this the beginning of an upgoing zigzag. Gravity is now taking dominance on this one, and we are about to head down even more. vWAP indicates magnetism to the downside, too early for other oscillators.
We are not in the business of getting every prediction right, no one ever does and that is not...
Senate passing a more than $1 trillion infrastructure plan with bipartisan support. The plan which includes a number of Biden administration priorities to help revamp roads and bridges nationwide as well as boost environmental and broadband initiatives, next heads to the U.S. House of Representatives.
Fundamental Analysis
Democrats and Republicans have various diverging opinions that affect sectors and industries across.
The one aspect they do agree on, is they need more infrastructure spending .
Technical analysis
Breakout to all time highs.
RSI @67
OBV supportive of uptrend.
