XLC SPDR ETF long swing trade ideaI recently tweeted few ETFs that went looking good at the time, one of them was AMEX:XLC .
The ETF look much healthy and attractive now, the price managed to come back above the 200EMA and now it's above the 50EMA. This means that the uptrend is still intact, and for that reason I'm taking a swing trade on AMEX:XLC . This trade has the potential to yield a 1:3 risk-to-reward.
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