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XLE Trending in the right direction
SPDR Select Sector Fund - Energy Select Sector
Long
XLE Trending in the right direction
By WDERUVE
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Apr 27, 2020
5
Apr 27, 2020
Still feeling very positive about XLE..
Targeting 39 to fill the upper gap, but need to get through 36 in a strong way to make that happen.
CVX looks like it has taken full advantage of this recent bounce while XOM seems to be stuck..
Not sure how much more room CVX has to grow right now given the current oil markets, But XOM could make up the difference.
Time will tell on this one. Sitting on Fall Call Options right now for basically nothing..
Chart Patterns
Trend Analysis
Wave Analysis
WDERUVE
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