XLU Bullish Flag Breakout
Updated
XLU formed a bullish flag pattern after breaking out of a descending trendline recently
Price has broken and closed above the flag which is the resistance on 15 March
Long 700 shares at 71. 01
Stop loss will be previous pivot low
Price has broken and closed above the flag which is the resistance on 15 March
Long 700 shares at 71. 01
Stop loss will be previous pivot low
Note
Edit: This is a failed breakout
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