$XLF US Financial stocks looking healthy
Updated
Nice flag consolidation in the financial names (XLF ETF). If this flag breaks up I have two potential targets. Shorter term based on the range of the consolidation channel targets $41.50, and if you project using the distance of the flag pole from the breakout, extended targets sits at $43.50
Note
Unfortunately this chart never broke out the flag, so no trade was entered here. Important to wait for confirmation before jumping in
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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.