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Bullish Breakout In Three ETFs: IWF, IYR And XLK

Published 04/05/2018, 08:54 AM
Updated 07/09/2023, 06:31 AM
IYR
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IWF
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XLK
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Diamond Bottom in iShares US Real Estate IYR US

IYR

Wedge breakout in Technology Select Sector SPDR XLK US

XLK

Wedge breakout in iShares Russell 1000 Growth IWF US

IWF

My preferred strategy is to buy small size and add on a pull back or back test of the broken wedge pattern. Stop the recent lows. Target in all three cases is new highs.

Disclosure: None of the information or opinions expressed in this blog constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this article constitutes investment advice and any recommendations that June be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions.

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