expect XSW to increase in value to around $170+- Dollar in 6-24 month+-
I have set up an order to buy at $139 per ETF unit for a total of 70 units.
I have no fixed take profit as of now, but a trailing stop loss will be implemented
Stop Loss is around $120+- (will be adjusted accordingly, this is just a rough stop loss, this is more a buy and hold position, so...
ETF but can still ARC
Most Arcs land between to 79% and 62% mark.
Some fall less, some fall more.
This is a weekly chart. ARCs are easier to see on monthly and weekly charts.
Too much green can cause a lot of red on the way down. Unfortunately, nothing goes up forever. A steep green rise is often unsustainable.
Trying to trade an arc of the way down is not...
I like trading ETFs and software seems like a winner to me! I am watching this closely. This particular ETF could have a nice reward too.
Target 1: 130 to 145
Target 2: 170 to 180
This one is pulling back right now and if I enter it I would have to play the stop by ear. There is a tiny gap that is bugging me under 99.4. I have found even the smallest gap...
