XLK: Diamond Top XLK has had a great run, but it's extended. I'm watching for a quick pullback before continuation. But much will depend on the overall markets. I marked a couple other levels that I'm watching in case we see a more significant breakdown. Happy Trading, CharlesLongby charlie12Updated 1
XLK - Still long despite the heady heights....Not much of a reason and I don't give much weight to fractals but I couldn't help but notice the similarities between these two charts. Still some money to be made in US tech stocks? Might be.....Longby tomj24172
XLK, i am wrong, you're a bull, forever?I have a short position last night, and i believe i could made some dollars. However, strong labour market turns DXY from 90.35 down. In this morning, i stop lose and change to long, from 69.93 to Now. Though luck, i cover my lose, but still have question in my mind: is that possible to be a bull forever, MA 50 shows a perfect up trend. Let's see SPX tests 2781.by jichen77770
If XLK is in Neutral, it will be prefect position to short .Just as i showed on pic, it looks like in neutral, and it absolutely short in this position, target to the bottom blue line. make sure DXY is in BULL. Shortby jichen77770
XLK Bearish CypherBearish Cypher w/ Bearish divergence on the volume weighted MACD - .786XD - 1.27BC Bought the March $67.5 puts for $1.22Shortby jlb17ww23
XLK for long After i published the analysis of DJI, but it did not happen because of dxy back to 89. That is a good news for market. Lower USD, higher in profit. XLK now is good for long, even i believe XLK is still a double; however, the price of stock doesn't means real worth. Based on my graph,65.98 is a target position for long, if it could't break, the you need take out profit, and find a close support point to enter again, or do short; more dangerous or uncertain you hold,more money you make. anyway, be careful your tradeLongby jichen77770
XLK - Feb.'18 Exp. Put Vertical Debit Spread (Hedge)Trade details: 66/61 Put Vertical Credit Spread @ $1.82 Prob. of Max Profit = 4.90% Prob. of Max Loss = 29.12% Break-even @ $64.18 51 D.T.E. Trade plan: Straight up hedge against technology sector/semiconductor industry (NVDA + AMAT long put credit spread positions - both are linked below). Feb.'18 expiration chosen to focus on Feb.'18 earnings reports for both NVDA and AMAT in case of strong downward plunge in technology sector. Trade approaches 50/50 play from this point on since break-even price is the same as close price for the day. Expecting spread to expire worthless if price falls between break-even & $61.00 by expiration, but will take early profit (and re-establish position if necessary) if there is an early move to ~$62.85 level.Shortby AtoHowardUpdated 1
Bearish rising wedge Bearish rising wedge breakout, look for lower targets. Join us and become a member to get targetsShortby classicoptions0
short!! XLK it was rejected on 2.618 fib projection on the cent!this is unbelievable almost a real but early sign that a 9 year bull is maybe over I see these kind of behavior in many major charts.. I am looking to buy TECS (ETF) it is X3 to the short side I believe. and so be it Shortby erez1
This Bat is still in focus Despite the recent rally in tech, this Bat hasn't been violated yet. Shortby themarketzone3
xlk - cryptoDear libertarian crypto fan boys... yes some of you out here. I would like to invite you to take a look at xlk. Or stocks alligned with xlk. Do you see the longterm fib? Do you see the large wick on monthly? = blow off top soon? Crypto is in the endfase. Its been fun... But soon the only thing left in crypto will be giant shorts. Nothing says we can't reach 10k btc though (would stil be a juicy target). But it certainly does not have to be like that. by Childrenofmen6