SYMBOL: XLU New daily cycle has been confirmed
SYMBOL: XLU
Last week, I wrote that I had a buy stop on XLU. It got filled, and has closed above the 10 MA to confirm a new cycle. I believe more money will rotate into this sector. I'll be providing my cycle counts soon, and exit strategy.
Entry: bought @ 50.82
StopLoss: 49.85
Good investing.
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Note: I am not a financial advisor in any shape or form. The contents in any of my posts are merely opinion alone. I'm simply stating opinions