I have a position in some individual names, but am using the ETF as an indicator of the overall sector. Looking bullish coming off the lows put in earlier in last week, potential 1-2 start of the lows. Target is the previous high, but if we clear the previous high, potential to continue rally.
Also just considering the amount of volume and interest in the overall sector, both by WSB and traditional traders, this definitely has potential.
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Copyright Rohan Karunaratne 2021
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