$IBKR forms weekly shark pattern

IBKR may be one of the leaders of this sector.

Back in February of 2022, the relative strength ration with XLF showed a bullish divergence against the stock's price; soon after, the stock bottomed and since has rallied +50%.

The $80 level is key and the price has formed a shark pattern near it.

As the stock is in an uptrend, I'll wait for the breakout above $83.20.

For a daily analysis, please refer to the link I left of one of the analysts that I follow closely.
Chart PatternsfinancialsIBKRTechnical IndicatorsleaderrelativestrengthTrend AnalysisXLF

Also on:

Related publications

Disclaimer