TBF heading higher: on the verge of major breakout!

2017年12月20日

TBF is poised for a major breakout of its long-term downtrend channel short term bullish wedge. As interest rates continue to rise, TBF is poised to benefit. Both the fundamentals and the chart are beginning to align. I will be taking a position in TBF sometime this week.

2018年1月9日

交易進行

This trade idea remains active. TBF is breaking out of the wedge and the downtrend today. I will go long TBF at the close of trading on the NYSE (4:00 PM EST) if the price remains in a breakout position.