Similar to my last idea except it's a little faster
This chart is similar to my last one but has break out happening earlier. Last chart:
Green box is strong support area
Path 1: Blue -> Green -> Red Path 1: Blue -> Yellow -> Red
The exact date nobody would know...
The high growth environment is gone already but people are still clinging on their perma high growth pipe dreams...
Path 1: red -> blue -> red Path 2: red -> green -> red
For this scenario to work, PBF must regain $12 quickly, say within 1 week or 2.
Looks like XLK has a few more week of good times.