The market's lately have been undergoing a defensive and value rotation. Things are starting to clear up and the koyfin shows that XLY is one of the outperformers compared to the SPY. Digging deeper into the sectors holdings 
LOW and a few other names are starting to get money rotated into them. Despite this, I think this move will happen quick, so holding a Longterm position wouldn't be smart. The information that leads me to this thesis is LOW's option chains more specifically the $250 strike has a call wall. Now if we get a gap and continue this strength, we will have a longer lasting move, even past target 2 at $253.19. LOW from a structure standpoint looks like it's ready to break the watering hole and it set a technical bottom and a liquidation bottom.
LOW and a few other names are starting to get money rotated into them. Despite this, I think this move will happen quick, so holding a Longterm position wouldn't be smart. The information that leads me to this thesis is LOW's option chains more specifically the $250 strike has a call wall. Now if we get a gap and continue this strength, we will have a longer lasting move, even past target 2 at $253.19. LOW from a structure standpoint looks like it's ready to break the watering hole and it set a technical bottom and a liquidation bottom. 註釋
Smashed TP 1 and TP 2 CMONN now
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。