XLC (Googl,META,NFLX)
If you've been wondering why these stocks have traded in range this week now you can see why.
XLC has been range trading in the white channel all week.
I see a bear flag..
The price action in the white is the flag, the water fall in the yellow is the pole.
If we break that fib area of 54.78 you will see MASSIVE selling from the above stocks mentioned , especially Meta and NFLX.
XLC has been range trading in the white channel all week.
I see a bear flag..
The price action in the white is the flag, the water fall in the yellow is the pole.
If we break that fib area of 54.78 you will see MASSIVE selling from the above stocks mentioned , especially Meta and NFLX.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.