CNC As the capitulation in the overall health sector XLV fades, here's what I want to see: there’s an obvious downward trend line. My first target is the lower 40s, the top of the range. The price ideally forms a higher low to test the trend line.
CNC Since some analysts have set the target quite low, around $33, suggesting it could drop below the previous bottom, I exited at $33.30. I’m now waiting for a potential retest before re-entering.