XLV looks like more legs into the EOYLooks like Health Care off Trump docket for the time being. He is all caught up Tariff talk.
Trade ideas
XLV Bearish Divergence - Short/Neutral OutlookSector has been hot for a while. Its time for either a pull back or consolidation so the plan is to sell a call spread.
Bearish Divergence on the momentum indicators. Once the daily RSI is pointing down ward, this will be a great opportunity.
Bearish Cypher & Bearish ButterflyHealthcare is showing some weakness on the weekly time frame... It has formed a large bearish Cypher with an internal bearish butterfly. It seems some bearish divergence is starting to form too, which could indicate a shift of momentum to the downside.
XLV ETF Long Term Trend AnalysisXLV ETF Long Term Trend Analysis focusing on long term trends on a 1 week period basis
Last 3 weeks was great for Health Care sector like the majority and now we are on the top of this channel, Hard to short but keep an eye on.
Healthcare moving higher Last week was energy breaking out. This week is healthcare.
3 day chart
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Long Healthcare SectorI am going long the healthcare sector ETF due to a new all-time high and break from a base. Open-ended target to hold.
Bullish Pennant Pattern BreakoutLooking for higher levels from this bullish pattern breakout. To see targets join as a VIP member.
Bearish on XLVThe open interest (OI) on the 15-Sep-17 79.00 strike decreased by 20 call contracts and increased by 14,973 puts. The total OI for the expiration was increased by 14,920.
XLV (confirmed break out)?Might be a good idea to go long health care; looks like a possible break out? What do you think?
XLV swing trade (short) 7/27/17XLV trades technical so it is going to be a good play when it gains/loses MA/indicator support.
On 7/27/17, I found this chart. It is already set up for a fall... all it needs is to lose the 20 MA support. I am trading this on the daily chart and looking for swing trades only.
I'm looking at the price to get under the 20 MA and I'll trade between the MA's from there with tight stops. My first stop will be around $.50 above the execution price.
The MACD, RSI, and SQZMOM have turned down. I'm looking for a minimum of $1 gain and maximum $6.
