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TechnicallyCorrect

XBI Daily Setup

Long
SPDR Series Trust SPDR S&P Biotech ETF (AMEX:XBI)  
TechnicallyCorrect Updated   
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
Trend Analysis Chart Patterns Technical Indicators XBI Double Bottom riskreward stoploss Exponential Moving Average (EMA)
3
0
trendanalysis chartpattern indicator xbi doublebottom riskreward stoploss ema
XBI daily setup:

Double bottom process with 5/20/50 EMAs all tightly converged and accelerating up together.

Entry above today's high at 133.44

Stop below today's low at 130.23

Profit target is 149.50

Risk/Reward is 5.0
Order cancelled:
Entry not hit. Trade cancelled.

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