XLE is currently the weakest sector among all other sectors and the market SPY is in basically in a SELL or an overbought area. Feeling bearish right now and shorting the weakest sector ETF is a good choice.
app.box.com
MA has been trending to the upside for quite some time. Although markets are way overbought there is still no sign of considerable weakness. Hence for a bullish setup MA is a good choice since this is a very strong performing stock. Feel free to adjust the stop protection based on your risk tolerance. Since there is no prior resistance area , a trailing stop or...
Long Entry on the SH retracement back to the support area (DAILY CHART). There is a good profit potential Target being 33$. 14:1 Reward to Risk Ratio
app.box.com
