AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
9/Dec/2019 11:56 AM AUTHOR: Brandon Gum
--
Wasn't too positive on the target and stop but i think are appropriate.

Given the relative underperformance of this sector the RR on this trade is a little lower than what I would like to see. Would prefer a 4 to 1, or even a 5 to 1, but I think its a stretch to target much more than I show right now.
======================

-If you find this idea interesting please leave a like
-Follow for more
-Comments are always welcomed and appreciated
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.