$CRSP Long Idea
Updated
Following sector rotations as the economy "slows down" we have finance, healthcare and utilities up next to show strength in the market. With record CPI reported today, it is expected for Feds to raise 75bps next two meetings but the market may begin to price in a 100bps raise given the higher than estimated numbers.
CRSP is coming out of a wedge and has been showing relative strength along with other healthcare companies. Targets to the upside are 84, 87 and 91.
OptionsSwing Analyst
Daniel Betancourt
CRSP is coming out of a wedge and has been showing relative strength along with other healthcare companies. Targets to the upside are 84, 87 and 91. OptionsSwing Analyst
Daniel Betancourt
Note
Stopped out of this trade
Education first, profits second.
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.