XLK Breaks All-Time High – Will It Stick the Landing or Soar?

XLK just broke into new all-time high (ATH) territory — barely — but the move is worth watching.

The breakout came on the heels of a strong bullish candle in the first week of June, followed by a doji last week, and now we're seeing fresh bullish momentum early this week with a gap-up.

➜ The big question:
Will XLK continue to hover just above the ATH, or finally break through with conviction?

This move could set the tone for tech stocks this summer, especially if we see confirmation like we did with MSFT — which broke its ATH on June 6 and hasn’t looked back.

➜ Watching for:

 ➲ Continuation above ATH
 ➲ Potential summer trend leadership
 ➲ Confirmation from big names in the sector

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