Invesco High Yield Equity Dividend Achievers ETF (PEY)
The weekly view of PEY shows the downward channel PEY is in. I already hold a position in PEY, but another nice entry would be the Mid to Low $17 area. Personally, I have money set aside to enter at $17.40 or so. I'd expect more to the downside in the following weeks as the Fed determines when (if) to lower...
PEY is sitting on a top pattern at 16.80. Failure to hold up here during the course of this week will force it back down to 16.00, then, after a bounce, to 15.35
